(XDJ): CONSUMER DISCRETIONARY (ASX): ALL - ARISTOCRAT LEISURE LIMITED || March 12, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M). (Left chart): The broader context (2D chart) reveals that wave (2)-blue has bottomed out at 30.36, and wave (3)-blue is unfolding. I can count waves ((i))-green through wave ((iv))-green, which have concluded, and wave...
Adjustable SMA Dual Crossover Strategy with RSI Filter, Take Profit, and SMA Trend. 95.83% Profitable
> Always enjoying going to my fav place and had an eye on this company for some time. > Aristocrat Leisure Limited (ASX: ALL) designs, develops and distributes gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's land-based products are approved for use in more than 300...
- What will this return to me as a share holder? 10 Year history % - Return on invested capital @ 14% - Sales/revs growth rate @ 21% - EPS growth rate @ 23% - Equity growth rate @ 30% - Operating CFGR @ 13% Current ratio - 3.7X Current PE - 23x (10 year average of 25X, with a low of...
We have reached a confluence support level (200 weekly EMA+50% FIB+ horizontal support). Volum is raising (bullish) Daily RSI divergence in play.
ENTRY: 38.74 SL: 36.77 TP1: 41.42 - ADX>20. - RSI<50,RSI>30 - Daily RS +ve - Daily FFI +ve - Daily MACD -ve - Weekly RS +ve - Weekly FFI -ve - Weekly MACD -ve - On a downtrend since 3 Nov 2021 and currently at strong support area 38.10 which was tested before on 27 Jan 2022. - Wash candle on 22 Feb 2022 and Rinse candle today. - Short swing trade on reversal. -...
Text me if you have any questions/comments for me. ----- ALL - First time doing a written analysis on ALL - Stock has a nice history of uptrends - Recent price action shows that it tends to re-test the mid-term support -> suggests weakness of the short-term support - Stock looks to have successfully rebounded off the short-term support - Potential psychological...
Entry: 40.83 Stop loss: 38.60 Went long in this counter after a breakout from the 1st pullback after a lengthy consolidation. SMAs are in order though would have preferred a higher volume accompanying this breakout.
ASX:ALL The Last post was On Aug 17 2020 - the tock has given a handsome gain of close to 35% in 7 months. This is ASX20 large-cap and gain of close 40% consider super cool with low risk and annualized over 60%
After almost a 60% plunge in March 2020, due to the pandemic, ALL was well supported but still we could not get back to the pre-Covid levels up till now, and observing such Price Acton (Bearish Rejection Candles) on the Monthly Chart, I think that it is being rejected. I believe that its best not to FOMO and be mindful of the fact that it may be giving hints of...
ENTRY: 32.10 (possible) TP: 33.40-34.00 SL: 30.40 - ADX>20 - RSI>65 today (23 Oct 2020) - MAs are aligned - Covered gap (30.85-31.88) and break up - Would like ADX>25 and RSI>70 though - See volume near EOD first before entry
Aristocrat has just ticked through a 100% price recovery from its March lows, with another 20% to go to get back to where it was pre covid reset. Slow and steady, could be worth a watch as more pubs and clubs re-open and restrictions are eased.
WMAs have switched back up with decent momentum. There is a gap from the initial covid fallout at $31.80 that may close.
You will need a little bit of Head & shoulder knowledge to interpret this 4 hour chart. The smaller pattern has already broken the neckline & is currently retesting it. A break of the larger pattern will confirm the bearishness
see ANTY strategy, basically modified Stochastic overbought signal, looking for 2-4 days corection only based on methods swing trades for STREETSMARTS