OZL hitting a strong level of resistance with fiboancci levels. coming crash in early 2022... dr copper will signal something first. expect smash down... even the gold miners. even oil....
DOwn the lift and up the stairs that SI70 red line is sagging down and needs a shunt from a steep drop to enable this to move up and exit the flag. Won't be long before BO!
Was just having another read of some articles that indicate that copper demand from the transition to cleaner energy will grow somewhere between 600% and 900% over the next 5 to 10 years or so. Amongst other battery minerals copper is critical for solar panels, wind turbines, electric vehicles and battery storage and as we head towards net-zero emissions,...
Entry: 25.74 Stop loss: 24.74 Went long in the counter after it broke out with good volume. Supported by the orderly SMAs.
ENTRY: 25.85 SL: 24.48 TP: 28.41 - ADX>20 - RSI>50, RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS -ve - Weekly FFI +ve - Weekly MACD +ve - MA aligned - Breakout with good volume today. Prefer a better closing.
ENTRY: 24.191 (average) SL: 22.55 TP1: 73.26 TP2: 82.99 - ADX>25 - RSI>65 - RS +ve - FFI -ve - Daily MACD +ve - MAs aligned - Breakout with good volume
Oz Minerals has had a great 12 months up a bit over 200% with a pretty consistent run. It is currently having a hard time getting through that $23.50 barrier and was rejected again today with the overall ASX being down around 1% so I wouldn't read too much into it. Hopefully it will bounce off its 20 day moving average and have another run at it, but if it drops...
Entry: 23.24 Stop loss: 22.05 Went long in the counter after it broke out with above average volume today. Would have preferred a better closing though instead of a topping tail.
ENTRY: 21.55 TP: 25.96 SL: 19.60 - ADX<25 but close. Would be better if higher. - RSI>65. - RS and FFI +ve - Daily and weekly MACD +ve - Broke out of previous high with good volume - Need to watch for earnings result tomorrow
OZL has shown an impressive rally since the end of March 2020, and I believe the trend has changed and OZL will advance further up and we may see much higher prices in the days to come. Nothing goes up in a straight line, so since price have been moving up we have not seen a decent retracement, so I believe any retracement lower could be a good Buying...
Entry: 19.81 Stop loss: 19.03 Broke out today with good volume with 3 SMAs trending orderly.
Hey investors, Gearing up for the future Long term outlook for the company is great. technically it has a long way to appreciate from a wave perspective regards, Limitlesss
OZ Minerals has been having a nice steady run. Bit of a pullback / consolidation. Could be worth a watch.
started to look at stocks in ASX long term so dont have to be actively watching market all the time. currently long on this stock cause float price has been broken and yearly Pivot point mean has been broken. also looks like a inverted HnS so holding to the red line. the inverted scale option on TV is handy to see the head and shoulders with a wick test of the...
OZL share prices rose 2% from the time of reporting after Bell Potter upgraded the share prices for hold to buy and raise the target price by 18% to 10.69. Share prices surged to around 9.75 within 30 minutes of the opening bell and will need to break through 9.75 to continue to its next target at approximately 10.00. The share price could pull back to 9.50 if it...
I marked Buy, Sell and Stop positions ... Of course this is all easy because is past, but I can explain every buy, every sale and every stop shown on the chart, does anyone disagree?
Shares breached 9.45 resistance level in yesterdays session and took out 9.65 target in today's opening session. Shares are currently trading at 9.78 up by 2.09%. The next goal is at around 9.85 to 9.95