Starting the next push, today 10:40 were already at (Friday)s volume.
Theyve had her down here for almost 100days and some emas crosses should start alerting those interested.
With a few decent grabs in the background this all bodes well for a lil run.
FD holding from $2.05
Targets in red
Not my fav set up here but looks a fairly high probabilty trade.
Technicals - Ascending triangle formation, entry on triangle break with bullish candle confirmation.
Fundamentals - materials sector is expected to get plenty of activity from various government stimuli, plus, low interest rates environment is beneficial. Additionally, the market expected a much...
ABC showing a weekly structual descending broadening wedge with partial decline. Breakout has occured, with a throwback backtest. Price target in the realm on $6 in time. This is a large pattern, so be patient. This is not financial advice. I can't give you entry or stops.
ASX:ABC
What a great job today! Welcome to my shortlist of tradable stocks.
You know... I don't have money at the moment, but If I had I'd buy some of you. You just tick the three items in the checklist:
- DIDI index configuring an "agulhada"
- Opening Bolinger
- ADX accelerating.
Perhaps it's too early to tell, but it's too late for today. Let's see what...
After filling the gap created by the drop in March, an Evening Star Reversal has formed on the daily indicating a possible bearish reversal. Price also failed to close above 50% Fibs. A Shooting Star has also formed on the 3Day tf and a Doji on the monthly. The OBV is also looking very weak on the monthly as well. With all signs leading to the bears, this is my...
ABC.ax is a construction company and will yield some benefit from the Government's infrastructure spending. It is forming an inverted H & S pattern. As has been the case recently, with many inverted H & S patterns, the price breaks out, comes back down to test the neckline and fails. Do not let the pattern fool you that it is bullish. Wait for the retest. Do NOT...
Feb 12: 11.00 AEDT
This stock starts throwing up long pins in consolidation mode.
In trend, it tends to have longer bars w/ short pins.
My previous discussion (12 Jan) suggested a rally out of
(expected) support at $5.29. This failed, and it pulled back
to secondary support around $5.15 and $5.10
It is well supported on weekly as shown and has
a higher high/...
