CTT BO, daily reversalCTT had a convincing BO of 2 dollar range on strong annual report, looking at entry on a retest of 2
CTT trade ideas
Finer Market Points: ASX Top 10 Momentum Stocks: 14 Feb 2024MIL:BRE NYSE:ARR ASX:RDM ASX:RIM ASX:BRN ASX:DRO ASX:ACW EURONEXT:CTT GETTEX:CXU ASX:ZIP
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly on Fridays.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
Brazilian Rare Earths Limited (BRE)
American Rare Earths Limited (ARR)
Red Metal Limited (RDM)
Rimfire Pacific Mining Limited (RIM)
Brainchip Holdings Ltd (BRN)
Droneshield Limited (DRO)
Actinogen Medical Limited (ACW)
Cettire Limited (CTT)
Cauldron Energy Limited (CXU)
ZIP Co Limited. (ZIP)
CTT.ASX_Retracement Trade_LongENTRY: 3.55
SL: 2.82
TP: 4.00
- ADX<20. Would like to be higher.
- RSI>50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS N/A
- Weekly FFI +ve
- Weekly MACD -ve
- Retraced since 17 Sep 2021 with lower volume to 50% fib. level.
- 13 Oct 2021 shows high volume with doji indicating buyers might be coming back in.
- 22 Oct 2021 shows another sign of buyers coming back in.
- Today shows possible volume dry up after a selling candle yesterday.
CTT.ASX_Breakout and Retracement Trade_LongENTRY: 2.24
SL: 1.91
TP1: 2.46
TP2: 2.91
- ADX<20. Would like to be higher.
- RSI<50,RSI<70
- Daily RS +ve
- Daily FFI +ve
- Daily MACD +ve
- Weekly RS N/A
- Weekly FFI +ve
- Weekly MACD -ve
- Possible hidden buying between 28 to 30 Jun 2021
- Possible COC with above average volume yesterday
- Decent follow-up movement today above yesterday closing
Stan on Twitter filters the ASX for set up contenders.Here's a Volume Profile analysis of 8 of his top picks. Just for educational purposes.
$CTT two week update. so far so goood. 8 day obey.As mentioned before, the best stocks obey the 8 day. See how this one goes up against the previous push. As me old mate says, holding the lot. (Not really I sold a few around 1.30 on the first push up.
