I was looking at this stock this morning just due TA and it release its full-year report as well. On the daily before the market, it bounce off nicely on the 50 EMA with the Stoch confirming a bullish trend. Also on the weekly its bullish trend as well. I brought it at $5.34, stop lost $5.29 and close it at $5.41. This was a 10 minute trade, because due to the...
Due to macro events it look like its going to be a risk off day, hence why i'm shorting HUB it falls under the financial sector. Both on the weekly and daily are confirming bearish movement such as both time frames prices are below the 13 and 50 EMA, on the daily the stoch looks very bearish and a confirmation on the MACD on the weekly as well. looking for shorts!
Due to macro events happen last night on Wall Street, the ASX looks like it could open positive today. hence the slight risk on play on APT. On the daily, it bounces off on key support level and don't' forget on the weekly it still trending up. looking to buy above $24.40 entry will be on the 5 min chart.
Due to market condition, its risk off for me that's why im looking for a short. WSA on the daily stoch is declining, with the confirmation of the MACD slop down on the weekly. Looking for a short below $2.26.
Great trade today, before the market i was looking for a short. The reason why is because of the daily the price is below the 13 and 50 EMA and the weekly is doing the same thing with the confirmation with the MACD bearish slope. I place this trade on the 5 min with the confirmation on the 30 min chart. would keep an eye on it next week. Happy weekend
Before the market I was looking at ILU for a short, reason is that it hit 13 ema confirming a downward trend. with the weekly chart confirming a bearish move as well. i enter this trade on the 5 min and might hold it for couple of days, but it might bounce back tomorrow. keep an eye on it.
Before the market open, the is stock price was just above 13 and 50 ema on the daily, also whats so good about this trade it hit its 61% Fib level. The weekly was also a confirmation on the buy side with the 13 and 50 EMA just below the price. I enter this trade on the 5 min chart on the pull back on the 13 EMA.
On the daily this stock gain nicely yesterday and the 13 and 50 ema is rising with it as well, with stoch on its side. On the weekly its pretty much doing the same thing with the 13 and 50 ema, also with the MACD sloping upwards. looking for a buy with this stock.
Yesterday BSL release its full year earning report and it was disappointing results, hence the share drop 8%. I was keeping an eye on it and what i like about it on a technical point view was on the daily, before its gap down. The price was just below 13 and 50 ema with the stoch confirming my bearish point of view, also on the weekly both 13 and 50 ema are above...
On the weekly, it looks like it has started its bearish trend if it breaks below $25.41, the MACD and Stoch are indicating a bearish movement to the downside, with the 13 and 50 EMA is above it as well. On the daily, price is underneath 13 and 50 EMA, Stoch is formed a bearish signal as well, confirming with the weekly trend as well. Looking to enter below $25.41.
On the weekly, it has formed a bearish shooting star just below the 13 EMA and fail to break above its high for the past 3 weeks. The MACD and Stoch are indicating a bearish movement to the downside, the Weekly gets a better understanding for long term picture. On the daily, price is underneath 13 and 50 EMA, Stoch is formed a bearish signal as well, confirming...
Due to oversees market the ASX 200 should be opening on a positive note and that could lead to consumer defensive sector on the downside. This is why i'm looking into shorting ELD, on the daily it had 3 down days and took a breath for a couple of days. This could lead to a further down to $5.26 a key level, on the TA side its a down trend follow by its EMA right...
Due to oversees markets, the ASX 200 could be pointing lower today so risk off. This is why i'm looking into consumer staples stocks such as BUB, on the weekly it's on a up trend so looks good for future run up and on the daily it has a nice pull back on the 20 EMA. It also hit a key levels on fib levels as well.
Looking at a top down approach with the staples sector it looks good for run up, with a nice pull back to 13 and 20 EMA. This is why i'm looking to buy GNC, it has hit new month low on support and its below the RSI level of 30. therefore this stock has been smash to the downside, looking to counter trend this stock for the rally.
NAB had a massive dip to the down side forming a new month low, looks good for a buy to the upside and it has formed a bullish doji on support as well. Looking to counter trend trade on this stock.
With this stock it had a massive drop to it's support level of $7.43 forming a bullish inverted hammer on the daily, this is a key level for this stock because it's below the RSI level of 30 and it's near new monthly low as well. Looking to buy this stock to the upside just due to TA way to over extended.
Due to oversees market its risk off for me and the financial sector is a cyclical sector, this is why i'm looking to short Z1P just due extend price action looking to dip back to 13 EMA if possible. On the daily and the weekly it is on a uptrend far from it's EMA, looking to counter trend this stock and also it's over it's RSI of 70.
This stock is over extended big time, looking to short to the down side. Reason: it's out of its 2 standard deviation, the EMA are struggle to catch up with it and its at a new high as well. Looking to counter trend.