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ASX

Z1P @ 28 OCT 2021 Text me if you have any questions/comments for me. ----- Z1P - First time doing a written analysis on Z1P - During the video analysis on 30 Sep (red arrow), I suggested waiting for a successful breakout of the counter-trendline (purple dash line) before plotting entry - Since then, the stock hasn’t broken through the resistance while continuing to test the strong support at 6.50 levels (orange line) - Short- and mid-term averages are not in bullish sequence - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry
ASX:ZIP
by Jerm88
7
WTC @ 28 OCT 2021Text me if you have any questions/comments for me. ----- WTC - First time doing a written analysis on LRK - Has a nice history of uptrend in the first few years since IPO - Long sideways movement that lasted for almost a year (blue highlighted area) - After breaking out of that sideways, the stock again facing another resistance at 54.50 levels (orange line) - A successful breakout looks to be around 56.50 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry
ASX:WTC
by Jerm88
LRK @ 28 OCT 2021Text me if you have any questions/comments for me. ----- LRK - First time doing a written analysis on LRK - Since IPO, stock has had a long history of downtrend - The Covid crash in March 2020 seems to have woken the stock from its slumber -> Nice uptrend - In mid-Oct, the stock successfully broke through the $5 resistance (orange line) - It has now retraced back to the resistance-turned-support and the short-term average - A successful rebound from here would be good for the stock’s trend - A successful rebound look to be above 5.35 levels if stock doesn’t retrace further - R is borderline 10% - Strategy-to-buy (DYOR) – If $5 support holds, suggest waiting for a successful rebound before plotting entry
ASX:LRK
by Jerm88
FLT @ 28 OCT 2021Text me if you have any questions/comments for me. ----- FLT - Previous written analysis was done on 26 Aug (red arrow) -> suggested waiting for a retracement and successful rebound - Since then, the stock went up almost 50% and have retraced back to the $20 psychological support (orange line) - A successful rebound from here would prove that there is continued optimism for the stock - A successful rebound look to be at 21.50 levels - If the $20 support level breaks, the next strong support will be at $18 levels (blue line) - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for the next rebound wave
ASX:FLT
by Jerm88
DGL @ 28 OCT 2021Text me if you have any questions/comments for me. ----- DGL - First time doing a written analysis on DGL - During the FB livestream on 3 Oct, I suggested the stock is worth a look if it recovers above the $3 psychological resistance (orange line) - Since then, the stock tested the short-term support and slowly rebounded to close at $3 today - A successful breakout looks to be close to 3.20 levels - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a better setup for entry
ASX:DGL
by Jerm88
CBA @ 28 OCT 2021Text me if you have any questions/comments for me. ----- CBA - First time doing a written analysis on CBA - During the FB livestream on 24 Oct, I suggested the stock is worth a look if there is a successful breakout of the strong resistance (orange line) - Stock has some history of uptrends but also suffers from sudden strong pullbacks - Today’s close is above the strong resistance but was no accompanied with above average volume - A successful breakout is above 107.50 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful breakout before plotting entry if believe the stock is capable of forming new all-time highs
ASX:CBA
by Jerm88
ALQ @ 28 OCT 2021Text me if you have any questions/comments for me. ----- ALQ - Previous written analysis was done on 19 Oct (red arrow) -> suggested waiting for a retracement and successful rebound before plotting entry - Since then, the stock has retraced back to the short-term average - Stock looks to be testing resistance-turned-support (orange line) and any successful rebound from here would be good for the continued uptrend of the stock - If the 13.20 support level breaks, the next strong support is the mid-term average - A successful rebound is around 13.90 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful rebound before plotting entry
ASX:ALQ
by Jerm88
XRF @ 27 OCT 2021Text me if you have any questions/comments for me. ----- XRF - Previous analysis was done on 23 Sep (red arrow) -> suggested waiting for stock to retrace and rebound successfully - Since then, the stock retraced strongly to test the mid-term support - The subsequent rebound was not successful and formed a LH - Stock tested the short-term support again and today closed at the 0.67 resistance levels (orange line) - A counter-trendline (blue dash line) shows that today’s price action has closed above - A successful breakout looks to be around 0.69 levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for stock to successfully breakout before plotting entry
ASX:XRF
by Jerm88
PLS @ 27 OCT 2021Text me if you have any questions/comments for me. ----- PLS - Previous analysis was done on 20 Sep (red arrow) - Suggested waiting for a series of Higher Highs and Higher Lows - Since then, the stock dropped below the mid-term support and have had a V-shape recovery - A retracement to test the short-term support and a successful rebound will be good for the mid-term trend of the stock - Strong overhead resistance zone at 2.40-2.50 levels - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
ASX:PLS
by Jerm88
JHX @ 27 OCT 2021Text me if you have any questions/comments for me. ----- JHX - Previous analysis was done on 16 Sep (red arrow) - Suggested entry around 54.90 levels if believe the stock can create new all-time highs - Since then, the stock did not rebound to $54.90 but instead broke through the short- and mid-term supports and tested the resistance-turned-support at $47 levels (orange line) - Stock looks to be rebounding with most indicators showing positive signs - Today, the stock retraced to test the short-term support - A successful rebound look to be around 52.50 levels - Overhead resistance zone at 54-55 levels (blue highlighted zone) -> Any entry below this strong resistance will be on the belief that the resistance can be broken - R is less than 10% - Strategy-to-buy (DYOR) – Suggest half entry after successful rebound if believe the stock is capable of breakout of strong resistance zone
ASX:JHX
by Jerm88
LIC @ 27 OCT 2021Text me if you have any questions/comments for me. ----- LIC - Previous analysis was done on 14 Oct (red arrow) - Suggested waiting for a retracement and successful rebound - Since then, the stock has retraced to closed at the short-term support - A successful rebound look to be around 23.50 levels - If the stock continues to break below the short-term support and test the mid-term support, setup for entry will no longer be good - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:LIC
by Jerm88
360 @ 27 OCT 2021Text me if you have any questions/comments for me. ----- 360 - Previous written analysis was done on 19 Oct (red arrow) -> suggested waiting for successful rebound breakout around 9.90 levels before plotting entry - Stock successfully broke out yesterday and today, it gapped up to almost 5% gains from suggested entry level - Stock created new all-time high today - Price is now too far from short-term support - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
ASX:360
by Jerm88
RDY @ 26 OCT 2021Text me if you have any questions/comments for me. ----- RDY - Previous analysis was done on 21 Oct (red arrow) -> suggested waiting for a successful rebound around 3.80 levels before plotting entry - If you have taken the suggestion, today’s price action would have provided gains of almost 4% - On 12 Oct, I also suggested entry at 3.50 levels which has seen the stock increase almost 13% since - Price is currently too far from the short-term support - Potential psychological resistance at $4 levels - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a retracement and successful rebound
ASX:RDY
by Jerm88
QAN @ 26 OCT 2021Text me if you have any questions/comments for me. ----- QAN - Previous analysis was done on 26 Aug (red arrow) - Suggested waiting for a series of HHs and HLs to form before plotting entry - Since then, the stock has created a series of HHs and HLs - A support zone is forming at 5.50 levels –> a successful rebound to around 5.80 levels would strengthen the support zone - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
ASX:QAN
by Jerm88
NVX @ 26 OCT 2021Text me if you have any questions/comments for me. ----- NVX - Previous analysis was done on 4 Oct - Suggested waiting for the next rebound wave - Since then, the stock has tested the mid-term support and successfully rebounded above 6.60 levels - Potential psychological resistance at $7 levels -> a test and retracement would form a double top formation - Stock doesn’t respond to the short-term average - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for the next rebound wave
ASX:NVX
by Jerm88
AMS @ 26 OCT 2021Text me if you have any questions/comments for me. ----- AMS - Previous analysis was done on 12 Oct (red arrow) -> suggested waiting for successful breakout of counter-trendline (blue dash line) before plotting entry especially if comfortable with overhead strong resistance (purple dotted line) - Since then, the stock has had a failed breakout of the counter-trendline and fallen below the mid-term support - Recent price action is not good and would constitute a structure break - Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs
ASX:AMS
by Jerm88
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