CGF.ASX_Bullish Range Breakout Trade_LongENTRY: 7.70
SL: 7.38
TP1: 7.94
TP2: 8.06
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Entry today based on today breakout from range and >3% rebound off 10EMA with above average volume. But would like a better closing.
Key stats
About CHALLENGER LIMITED
Sector
Industry
CEO
Nick Hamilton
Website
Headquarters
Sydney
Founded
2003
ISIN
AU0000270662
FIGI
BBG01G4Z76G3
Challenger Ltd. operates as an investment management firm, which engages in the provision of financial services. It focuses on providing financial security in retirement. The company operates through the following two segments: Life and Funds Management. The Life segment provides annuity and guaranteed retirement income products Accurium Pty Limited, a provider of self managed superannuation fund actuarial certificates. The Funds Management segment focuses on the retirement savings phase of Australia’s superannuation system by providing products seeking to deliver superior investment returns. The company was founded in 1985 and is headquartered in Sydney, Australia.
CGF - What is next?CGF after making a high in early February, plummeted hard. After the bounce, price has gone up but the current swing looks very corrective. It could be in the process of making a bear flag and price could come down to the lower end of the parallel channel to give one more swing low and another buyin
CGF - Another Buying OpportunityCGF has pulled back as anticipated, and is expected to give another buying opportunity. The recent pullback seems incomplete though and may be it has a little more room to the downside before turning up. I have two scenarios:
Scenario 1 - Can go higher after forming a base and shows bullish price a
CGF - back to support levelWouldn't be surprised if we see a bounce here as price has fallen back to what I have identified and consider as a major support level, it's a confluence of a former breakout area, as well as a .618 retracement of a recent move... so looking for a buy signal at current levels for confirmation, e.g.
CGF - Another Buying OpportunityBullish Confirmation Indications
Recent price action has confirmed a reversal by pumping upwards and forming a higher high.
1. Price has formed a higher high
2. It has formed a Golden Cross
3. Recent session's price action, ( Bearish Candle) indicates that the stock price is facing a hard time con
Long Term Trend of CGF & current COUNTER-TREND move as shown.What is the ultimate goal in Charting ? Could it be a profitable trade/investment ?
Does it matter if the intended trade/investment is trend or counter-trend ? Not in my book, as long as the multi time frame analysis is done thoroughly.
Are there guarantees either way(trend or counter-trend) ? A bi
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of CGFPD is 105.970 AUD — it has increased by 0.02% in the past 24 hours. Watch CHALLENGER NYR3QUT stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange CHALLENGER NYR3QUT stocks are traded under the ticker CGFPD.
CGFPD stock has fallen by −0.25% compared to the previous week, the month change is a 2.39% rise, over the last year CHALLENGER NYR3QUT has showed a −0.22% decrease.
CGFPD reached its all-time high on Nov 12, 2024 with the price of 107.500 AUD, and its all-time low was 100.000 AUD and was reached on May 17, 2023. View more price dynamics on CGFPD chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CGFPD stock is 0.80% volatile and has beta coefficient of 0.18. Track CHALLENGER NYR3QUT stock price on the chart and check out the list of the most volatile stocks — is CHALLENGER NYR3QUT there?
No, CGFPD doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, CGFPD shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CHALLENGER NYR3QUT stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CHALLENGER NYR3QUT technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CHALLENGER NYR3QUT stock shows the buy signal. See more of CHALLENGER NYR3QUT technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.