buying Idea BXB with stop at 18.57BXB has build a good base at all time, looking to break through! last two earnings has surpass the expectations, next earning on 24th Dec with a high expectation! with positive market sentiment this could lead to new highs!
With a decent stop we can see if the this momentum can continue.
DISCLA
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1.25 USD
862.83 M USD
6.66 B USD
About Brambles Limited
Sector
Industry
CEO
Graham Andrew Chipchase
Website
Headquarters
Sydney
Founded
2006
ISIN
US1051052090
FIGI
BBG009DLZ411
Brambles Ltd. engages in the development of supply chain logistics solutions, focusing on the provision of reusable pallets and containers. It operates through the following segments: CHEP Americas, CHEP EMEA, CHEP Asia-Pacific, and Corporate. The CHEP Americas segment is composed of North America and Latin America. The CHEP EMEA segment includes the Europe, Middle East, Africa, and India. The CHEP Asia-Pacific segment consists of Australia, New Zealand and Asia, excluding India. The Corporate segment refers to BXB Digital. The company was founded by Walter Edwin Bramble in 1875 and is headquartered in Sydney, Australia.
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Master of Elliott Wave Analysis: Shane Hua (CEWA-M)
Bottom line: BXB may continue to rise higher.
(Left chart): The context analysis provides a comprehensive view, indicating that wave ((ii))-green has concluded at the low of 12.70 and wave ((iii))-gree
Brambles - Thorny Resistance incoming?Brambles caught my eye last week 21-Jan, and looked good an pumpy. Was $14.25 when first spotted.
My guess would be it reaches previously all time resistance, forms a double top. Will be better entry points, and worthwhile waiting a few weeks to see how this pans out.
I have seen better opportu
BXB - Another Buying OpportunityBXB is pulling back currently and has found support on the 200SMA and the POC of Volume Profile around $1.090. If it shows bullish price action within this zone or breaks lower towards the trendline, I would be monitoring to take a long position after bullish price action confirmation. Lets see how
Brambles - Wedge/Triangle Pattern has to be respectedBrambles is one to keep an eye as the range tightens inside the triangle pattern. breakout is coming soon.
Which way it breaks your guess is as good as mine, however, if we go off the last decade of BXB chart patterns we should see a bullish breakout.
Additionally, Todays trading update: www.asx.
BXB - Another Buying OpportunityBXB has clearly broken its downtrend and has made a swing high. Price is expected to pull back and I am expecting it to reach towards my Buy Zone between $10.70 - $10.80, which is also trendline support. I will be looking at price action in that zone for a long opportunity and my targets will be the
Brambles to Breakout of it's Symmetrical TriangleBrambles entered a classic Symmetrical Triangle since the Pandemic. it has posted weekly gains for the past 3 weeks. the Elder Impulse system has the last candle Green which is a sign to go long. Waiting for it to pass the down tending line before taking a position
neutral to bullish BXB ( asx) - bull credit spread
This is based on ' The Anty' strategy in which after a normal correction degree, there is at least the same or better recovery in price - a neutral to bullish strategy is bull put spread ( paid a credit) and with only 8 days until expiry benefit from time-decay at a fairly high probability scenario
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.