lbo1984

lbo1984

Possible support to be found 21.82

lbo1984

We have seen the uptrend broken and are now in price discovery for support levels. Possible bounce at the current level however further downtrend predicted by MACD and monthly RSI.

lbo1984

Big jump today on this stock which has had a protracted bearish distribution. Worth a long in my opinion with the recent pump on silver. Naturally occuring, available quantity of gold/silver has a ratio of 1:8, yet the price ratio is 1:70!

lbo1984

Jumping on the silver squeeze bandwagon with a punt on the ASX. We've just broke ATH and seen a pullback. Should be a good month ahead. Naturally occurring available quantity of gold/silver has a ratio of 1:8, yet the price ratio is 1:70 Lets see silver to $1000

lbo1984

AMI appears to be retesting support I'd like any entry at 0.305 with a stop loss at 0.23 Could still be in price discovery though but nice upside if the support holds.

lbo1984

Reviewing the top A200 from each sector CBA Currently at weekly resistance, monthly looks very strong anticipate breaking out of falling wedge and attempting to print new high 92+ Wouldn't enter personally due to risk / reward ratio but can't fault the strength

lbo1984

Analysis of each of the top sector of the A200 WPL Looks to be waning on the weekly, monthly looks to be primed to pump, anticipating a retrace and test of support seeking entry at $21.39 for the slow climb upwards

lbo1984

Reviewing the top A200 from each sector Consumer Staples Woolworths Group Ltd Kicking my self for not pulling the trigger at 36, I like the set up here to test a new high by the end of the year. Pokie revenue should come back online in the next quarter likely to give a continued boost to the corona hoarding.

lbo1984

Reviewing the top holdings of the A200 by sector Consumer Discretionary Wesfarmers Ltd Can't fault this run, expecting this to continue with possibly dip to regain momentum. I'd like an entry at $47 if there was a suitable dip. There has to be a retrace on this bull run at some point surely but I'm not a brave enough bear.

lbo1984

Reviewing the top weighting of each sector from the A200 Communication services - Telstra $2.60 support has held, we've hit the descending triangle resistance but to me it is looking to pop sometime over the next month. With substantial upside to $3.8 with possible continuation. I'd be interested to see if market share is declining given they aren't price...

lbo1984

I like MP1 here (13.55) with SL at 12.43 and TP at 17.40

lbo1984

Possible support test at the 0.36 level, setting stop loss below at 0.35 and trying to catch this falling knife. Target is 0.73 with possible continuation

lbo1984

After noting the rising wedge and the RSI downturn we've moved our investments into property, international infrastructure, inverse ETFs and bonds to avoid the shake out. Initial speculated buy zone was hit two months early - revised predictions for possible down turn support zones highlighted.

lbo1984

Bearish reversal thoughts 5k at 0.618 would be strong support. Assuming same recovery timeframes from 2008 financial crash. Happy to sit in property and infrastructure until i see monthly RSI turn up.

lbo1984

Last time monthly RSI turned down was in 2008 and it took 490 days to turn back up. Hoping to re-enter the market following the bounce off the 0.618 fib at historic support. I'll sit in property and global infrastructure to hopefully make gains on any government QE.

lbo1984

Bearish divergence detected Indicates underlying weakness. Bulls are exhausted.Warning of possible trend direction change from uptrend to downtrend.

lbo1984

Bearish divergence on the stochastic indicator detected Indicates underlying weakness. Bulls are exhausted.Warning of possible trend direction change from uptrend to downtrend.