I am just not sure what has caused this extraordinary price drop, when apparently it was looking like it was just recovering from down trend - if anyone knows please comment . May be it’s just natural price correction in market, looking at today’s price action, buyers were able to take it up in first two hours up to $125.84, till that time it’s was all buyers...
So far ASX:BHP has been going strong from support price approximately $36.00, showing signs of trend reversal but it could be a counter trend move. I am expecting a price correction here. from here I expect price moving down to $38.00 , and then $37.00 levels. finally if It gets down to $36.00 levels would offer good buying opportunity and that is where...
OSH looks good on every chart Monthly, Weekly and Daily. I think in medium term it has potential to touch $6.70 range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own notes, by...
I am not confident that ASX:NST would continue or form a up trend from here. considering development in gold, I think NST can potentially go further down if it does't go up from here down to $6.25 range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks:...
I think NEA is going to re-test previous bottom at $1.70 Range. Please join my Slack Channel to form active traders community to analyse and discuss trading ideas, thanks: join.slack.com Please note these are my own notes, by no means trading advice. Please do your own research...
I will wait to see how it develops, I think it's going to touch $22.50 range, may slip little bit further before it turns it's direction upwards. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
I think DRR looks good, may be worth taking chance at next correction at around $3.50 range. any thoughts, please ... Please note these are my own notes for future reference, by no means trading advise to anyone. Also, please feel free to comment or share your thoughts.
With current uncertainly www.commsec.com.au following is a snippet from news: 1. Either way, Aussie investors are indirectly exposed to Evergrande through the Chinese property sector’s insatiable demand for iron ore. The price of the...
With current uncertainly www.commsec.com.au following is a snippet from news: 1. Either way, Aussie investors are indirectly exposed to Evergrande through the Chinese property sector’s insatiable demand for iron ore. The price of the...
Not very confident with today's 14.6% up move, are you? definitely volume was good. overall, BNPL sector doesn't look very attractive at the moment. Monitoring it closely, I think it might go and touch $4.00 range. Please note these are my own notes for my future reference, by no means a trading advise to anyone. Please do your own research before entryign...
BBT has pulled back but got support at its global POC of Volume Profile at around $2.00. Considering its previous bullish price action and uptrend, I expect a bounce off the current levels. This is a speculative buy after bullish price action confirmation with a tight stop below support at $1.80. Let see how this plays out. Please note these are my own notes, by...
VML is a stock in the Rare Earth space and I expect it to propel higher. This stock could go up straight from the current level of $0.067 or pull back a bit towards the trendline support around $0.055. In any case, I am bullish VML and am looking forward in taking a buy position. Lets see how it develops. Please note these are my own notes, by no means trading...
SYR is a stock with a lot of upside potential. It is currently pulling back towards its bullish pennant and to the support zone between $1.060 - $1.140, where I will be looking for a potential buying opportunity once bullish price action is confirmed. Lets see how it develops. Please note these are my own notes, by no means trading advice. Please do your own...
DRO has been in a good uptrend and within the bullish trend its always ideal to buy pull backs. Currently DRO is pulling back and has reached good support level. I will be interested to take a long position in the current zone for a potential swing trade to the upside after bullish price action confirmation. Lets see how it develops. Please note these are my own...
IAG has pulled back towards its 200 SMA and has currently found support. I expect price to consolidate a bit before moving higher and this could be a very good buying opportunity. I will enter a long position once bullish price action is confirmed in the very zone. Lets see how it develops. Please note these are my own notes, by no means trading advice. Please do...
BVS has plummeted hard but seems it has found support on the trendline. I think it is a good support level and price is currently consolidating. I expect price to bounce and start its upswing soon. We should also note that BVS rocketed in early May 2021, and broke its downtrend and has been making higher highs and higher lows. Lets see how it develops. Please...
BXB 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 it develops. Please note these are my own notes, by no means...
MNS is pulling back and my area of interest is near the 200 SMA, where also lies the POC of Volume Profile. This level is near $0.300, where I will monitor price action for a buying opportunity after confirmation. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.