Wiz_of_Oz

Wiz_of_Oz Updated 

Clear Head and shoulder formation with a breakdown at the neckline taking place today. All indications support a bearish move. Be patient and wait for the retest to complete. No FOMO

Wiz_of_Oz

3 failed attempts to break the $5.50-$5.60 zone has consequences

Wiz_of_Oz

Has formed a massive inverted H&S pattern on the daily. The neckline is $4.28c zone whist the ATH is $4.50c zone. Be patient with this one as chances of a false break are high. So are chances of a retracement from the neckline. The pattern is notorious for such behavior

Wiz_of_Oz

From ATH ($0.195c) in June 2021, it retraced to 61.8%fib zone around $0.08c. Since then it has recovered some lost ground making higher lows. $0.11c is strong historical S/R zone but a break & close above that will potentially be bullish

Wiz_of_Oz

This TA is done based on a request. I have taken a longer time frame chart assuming that the request is based on a longer term investment decision. The weekly chart shows the price action is currently at the all time high & faces resistance in the short term. RSI also shows divergence. This means that interested buying may pause to allow for the price to correct....

Wiz_of_Oz

Mining & exploration co. HQ in Brisbane. Production & sale of copper, gold and silver & exploration for copper & gold. After bottoming around $0.03c it has been gaining in strength with strong support levels at $0.085c & $0.135c. A strong green breakout candle today. Wait & watch for the retest of the break as these days many breakouts are failing the retest

Wiz_of_Oz

Arafura Resources Limited is an Australian mineral exploration company focusing on rare earth elements. With it's headquarters in Perth, Western Australia it is s listed on the ASE. The company's flagship project is the Nolans Rare Earths Project, located in Australia's Northern Territory. After retracing down to 61.8% fib zone & testing the $0.16c level twice,...

Wiz_of_Oz

$3DP - Retraced down to the 61.8% fib retracement level where it found a support/resistance zone @ $0.55c. Has bounced back strongly but should retest the breakout before continuing its bullish journey

Wiz_of_Oz

Weekly shows the bounce off the confluence of fibs levels (61.8% & 78.6%) that are considered deep retracement levels. RSI has turned up. Daily shows that a break above the $1.27 zone will be bullish. Be patient

Wiz_of_Oz

This graphic is self explanatory but needs to be followed daily if you trade the ASX. This is a wait & watch situation.

Wiz_of_Oz

This is setting up nicely & is worth watching for a break & retest of the neckline. Do not jump in with FOMO because there is a possibility of it turning back at the neckline. Watch & wait (W&W) Be patient

Wiz_of_Oz

We are seeing a trend reversal on the weekly with a nice round arc & price approaching the high from April 2020. The $0.13c - $0.16c zone (yellow bar) is critical & needs to be surpassed with some strong bullish moves in order for the trend reversal to gain momentum. Watching

Wiz_of_Oz

Price jumped up today 15% on a QTR update. Weekly shows the price in a wedge testing the 78.6% fib retracement & bouncing of that zone. Daily - Price is testing $5.55 - $5.60 a historical support/resistance zone. Break of that zone & the trendline will be bullish

Wiz_of_Oz

Since its ATH has retraced to the 50% fib & then cranked up the power to break above the $0.39c zone (38.2% fib). IMHO a retest of the break of the $0.39c zone is about to take place before it runs. Worth watching this week

Wiz_of_Oz

Daily chart shows that the confluence of fib levels acted as support & price is approaching a historical support/resistance zone around $2.05. A break from that zone & the trendline will be bullish. This miner is expanding with takeovers & integrating them into the operations pretty well. The stock has good long term growth especially due to the bullish nature of...

Wiz_of_Oz

After retracing to the 61.8% fib, it has bounced out of the trendline but not the resistance zone of $1.42c. Whilst PA suggests bullishness, I would prefer a confirmation with a break of the $1.48 - $1.51c zone

Wiz_of_Oz

Having formed an inverted H&S pattern, it is around the neckline & the previous high. A break of $4.25 zone & a successful retest will be bullish

Wiz_of_Oz

AVZ Minerals Limited is an Australia-based mineral exploration company engaged in the business of mineral exploration in Namibia (Think "risks") . It explores for mineral reserves within Africa for base metals. TA for the daily chart shows bullishness ahead. Currently it needs to break & close above the $0.105 - $0.11c zone for a bullish continuation. The $.105...