If it can maintain momentum from this flag breakout 3000 could become a target.
A bounce off support in the face of some leading market weakness. Impressive showing by the bulls.
Another attempt at breaking the downtrend. If momentum can keep the price above (2600) the downtrend line, then a future first target could be around 2900.
Bull flag break could result in the 2nd target just shy of 3000 to be reached. Results could be the break trigger. If not in a position yet, wait for the break.
This might indicate a possibility of downside to come or continuation of the uptrend. Decision time....
Clearly at a decision point. A fake break will probably dictate a risk off approach to equities. A retest and further downside will dictate a continuation of a risk on approach towards equities.
Neckline break of 11600 will open 22650 and 25200 targets. Wait for a neckline break.
This could lead to the second target reached sooner rather than later
Initially had targets of 9900 and 10600, but there is also a gap sitting a little higher at 10965. Maybe worth keeping to see if the upper gap gets filled sometime into the future before taking final profit on this one.
405c could become a target. Speculative share at best.
Dischem is breaking out of a 3 month consolidation pattern. If it can maintain momentum above the consolidation pattern the targets are 28 & 30 respectively.
This could be seen as either a channel or an inverted head and shoulders. The inverted head and shoulders neckline is 6140. If that is breached targets 6550 and 6839 comes into play. That is roughly 10% upside potential. If this is considered a channel break the target would be higher. My approach here will be the less risky option.
A test of R20 is possible on this share. Miss priced and now correcting. An opportunity for cowboys only. Extreme volatility, but maybe worth a punt. Stick to stop losses.
Cup and handle forming. A break of 5377 could open 5690 and 5830 targets. Volatility warning. Wait for the break. Keep those stop losses in place on this one.