SOUTH32 LIMITED

S32 ASX

AsimMirzaTrader

Bullish 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 consolidation at Resistance indicates that the stock price is facing a hard time continuing up 4. The price is at 78.6% Fib Retracement level of $2.45 and @2.60...

Benassi83

Will be interesting to see how this plays out.

thecharttechnician

Completed pattern and a forecast target as shown on the chart is for educational purposes only.

dom_cusumano

2.10 - 2.11 is key area of support. Already been retested. Confirmed at the .382 Fibbonaci retracement level Over the hourly and 4 hourly time frames the 20, 50, 100, 200 ma level acting as a support. On the daily looks as tho the 20 MA might retest the 200 level. These are very strong indicators of a strong upward trend occuring. I believe the price will test...

Rotuma

S32 breaks away from 2.05 support and heads towards 2.12. A break above 2.12 could see prices continue to around 2.20

Rotuma

S32 - Support and resistance

hlncapital

Two clear breaches of the 30 Week WMA, both on strong volume. On the cusp of a breakout above $2.83. However, earnings dependent as half yearly fins released shortly.

simtrader19a

Strong buyers have broken previous supply level with confirmed increase of volume Next level of supply would be target which ties in with Fibonacci levels

Rotuma

South32 share prices have cleared 2.80 price point barrier following a rebound from the bottom of the price channel in the four-hour price chart. Share prices gained more than 2.5% in today's trading session and could continue to its next challenge at 3.05 price target if it remains above 2.80. Support remains at 2.70, 2.65, 2.55, and 2.50

simtrader19a

Strong buyers on daily chart to commence a breakout to fill gap to 1.618 Fib extension as highlighted Weekly supply area

hlncapital

Strong volume upthrust on the daily, approaching $2.83 resistance.

Rotuma

Short to medium term target at 2.75 and 2.85 Support at 2.55, 2.50, and 2.40

MustafaOzak23

S32 gap down yesterday then finish the day on a high, on the daily chart it is showing a inverted head and shoulder pattern. So we might see bullish day for this stock.

MustafaOzak23

Watching this stock today with a short bias, due to its gap up with a bearish shooting star on the 13 ema. the key level is $4 it cant break through, its try 4 times already, might slip to $3.68 then bounce off of the 50 ema. or the alternative it could be a up trend pull back, but the last candle is not helping its case.

Rotuma

S32.ASX continued its run to the upside with a price gap in today's trades 14/1/2019. S32 share prices have breached 3.45 resistance in the first hour of today's trades and need to maintain its trading activities above 3.45 to continue to its next target at 3.50. S32 share prices could pull back to around 3.38 support if it fails at 3.45

dadaarham

price bouncing from support and there is a morning star candle,

crashman111

1pm. volume building nicely to qualify a buyable gap up into yearly all time high. needs confirmation tomorrow, good risk reward near support

Rotuma

Share price value has risen 14 % within one month since I pointed out the change of direction to the upside. Share prices seem to be moving steadily within the upward price channel and the wedge price pattern after creating a price gap to the downside on 23rd of April 2018. Share prices are now approaching a critical resistance point at around the 4.00 mark. A...