Bullish potential detected for SPKEntry conditions:
(i) higher share price for ASX:SPK along with swing up of indicators such as DMI/RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below previous support of $2.23 from the open of 4th August, or
(i) below previous support of $2.19 from the open of 12th
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0.41 USD
153.59 M USD
2.14 B USD
About Spark New Zealand Limited
Sector
Industry
CEO
Jolie Hodson
Website
Headquarters
Auckland
Founded
1987
ISIN
US84652A1025
FIGI
BBG000C1VGF7
Spark New Zealand Ltd. engages in the provision of telecommunications and digital services. It operates through the following segments: Mobile, Broadband, Procurement and Partners, Cloud, Security, and Service Management; Managed Data, Networks, and Services; Voice, and Other Products. The company was founded on February 24, 1987 and is headquartered in Auckland, New Zealand.
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What do you do about Spark?This analysis is provided by Eden Bradfeld at BlackBull Research—sign up for their Substack to receive the latest market insights straight to your inbox.
Ah, Spark. Shocker of a result on Friday — losing in all segments (save their IoT business, which is negligible anyway). Since Jolie Hodson beca
SPARK LONG FROM THIS SUPPORT
Hey everyone! The price of Spark New Zealand (SPK.NZ) has recently dipped, and I believe it's a great buying opportunity right now.
💡 Targets:
Target 1: NZD 3.445
Target 2: NZD 3.835
Target 3: NZD 4.100
These targets seem very achievable given the stock's performance and current market conditions
Bullish potential and potential breakout detected for SPKLooking at afternoon trade, SPK represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position, considering breach of recent resistance levels aligning with technical indicators of RSI and DMI. Relative strength in the Midcap 50
SPK.ASX_Bullish Retracement Trade_LongENTRY: 4.824 (average)
SL: 4.69
TP: 4.96
- ADX>25
- Daily RS +ve
- Daily FFI +ve
- Weekly RS +ve
- Weekly FFI +ve
- Moving averages are aligned.
- Breakout on 18 Aug 2022 and retraced to resistance-turned-support (3.04) before rebounding off today.
- Entry today based on breakout and >3% rebound of
Here is a buy setup in Spark New Zealand $SPKSpark New Zealand is holding up very well after last week market downturn.
We can see Spark New Zealand still above all three rising moving averages at the current time of this post.
Technical indicators are showing a strong possibility sell volume are near the end and buyers are coming back in to
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Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
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Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.