20% move on WDS incoming?WDS has formed a descending wedge with bullish RSI divergence and is also hitting support from the bottom of this channel at $27. While the channel itself is bearish WDS should still expect a strong bounce here. Wait for a break of trend and retest for confirmation and if breaks down out of channel it will continue to move lower due to bearish monthly RSI divergence so no trade. Good luck 🍀
ASX
AU200AUD to continue in the upward move?ASX200 - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
The measured move target is 7850.
We look to Buy at 7750 (stop at 7710)
Our profit targets will be 7825 and 7850
Resistance: 7800 / 7825 / 7850
Support: 7750 / 7725 / 7700
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX 200 futures looks set for a bullish breakoutThe SPI 200 shows an established uptrend on the 1-hour chart, with a recent bullish engulfing candle forming a higher low around the 20-bar EMA and closing above a retracement line.
The RSI remains above 50 to show positive momentum, and there are no obvious signs of a topping pattern forming on the chart.
A break above 7907 assumes bullish continuation and brings the 7936 high into focus, a break above which opens up a run for the all-time high.
Bulls could seek dips within the recent bullish engulfing candle whilst prices remain above its low, in anticipation of a break above 7907.
AU200AUD to form a higher low?AU200AUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
The measured move target is 7850.
We look to Buy at 7760 (stop at 7720)
Our profit targets will be 7860 and 7885
Resistance: 7800 / 7835 / 7850
Support: 7775 / 7760 / 7750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
SPI 200 hints at bullish breakoutPrices have been coiling on the daily chart to form a potential bullish pennant / symmetrical triangle, which hints at further gains. RSI (14) remains over 50 on the daily chart, and volumes were lower during the consolidation to show lack of conviction from bears, sellers stepping in at the cycle highs.
The 1-hour chart shows prices retracing lower after RSI (2) reached overbought, alongside a bearish pinbar at the cycle high. We're now looking for price to either hold above the triangle breakout level, or for RSI (2) to reach oversold whilst prices hold above the high-volume node.
From here, the bias is for a rise to 7850m or the weekly pivot point just above the high-volume node at 7866.
Comparing two companies - price action James Hardie vs Boral Limited ASX:BLD
- Price action side by side
- Key levels of Boral
- Keep track of sector and companies
- Trend first and later study fundamental ( for me😉)
Waiting for your comments to learn and share more ....
disc: Not invested , don't know about future
no recommendation only education and entertainment
ASX to continue in the upward move?AU200AUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7800 will confirm the bullish momentum.
We look to Buy at 7750 (stop at 7718)
Our profit targets will be 7830 and 7850
Resistance: 7800 / 7825 / 7850
Support: 7775 / 7750 / 7725
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
ASX dips continue to attract buyers.AU200AUD - 24h expiry
Price action looks to be forming a bottom.
Short term RSI is moving higher.
Further upside is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 7650 will confirm the bullish momentum.
We look to Buy at 7600 (stop at 7560)
Our profit targets will be 7700 and 7725
Resistance: 7650 / 7675 / 7700
Support: 7625 / 7600 / 7575
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
FLT - BuyFlight Centre has been ranging between 20 to 22
It is a very range bound stock which can make for short term gains, pip & dip strategy.
- Waiting for price to go under $ 20 then will check RSI oversold for Buy
- Buy @ 18.50 , strong support which can open opportunities for short term Buy
- Buy @ 18 , would be at heavy discount, at this time RSI should be oversold for High Probability Short term BUYS.
80% move up on VUL?VUL has broken out of descending wedge and has also broken out of a channel going back to mid 2023 with bullish RSI divergence. It is now retesting strong support of the channel trend and previous swing high if it can make a higher low here we will be off to the races 🚀 Good luck 🍀
Upward trending channel - ASX:SEMI (Long)SEMI currently sitting on upward trend line within established bullish channel.
Previous support line at $16.30 where demand triggered another uptrend to above $17.00.
RSI currently within average buying levels around ~56-60% showing higher highs, indicating another potential run back towards previous ATH SP level of $17.54.
Aiming to take a long position between $17.00 - $17.10 if buying pressure increases in the coming days.
Disclaimer: NOT financial advice, I am not a qualified finance profession. These ideas are my own based on my research. Please consult a licensed financial advisor before making any investment decisions.
Short AU200Hi, a high-risk high reward play on the AU200 with a break and retest of the rising wedge with bearish RSI divergence. If playing along place stoploss above last swing high and wait for a break of trend on lower timeframe will also bring stoploss to breakeven when safe to do so. Good luck 🍀
SPI 200 looks set for lift-off ahead of US PCE dataWe have a huge risk event in the coming hours; US PCE inflation. Should it come in softer than expected, risk is likely to pick up as this is how it has behaved pretty much every time inflation has come in soft. Conversely, a hot inflation report could dent risk - but we suspect not to such a large degree.
Fed members have been very vocal about maintaining higher rates, and markets seem more likely to jump on any chance of re-pricing in multiple cuts which could send indices higher.
SPI 200 futures (of the ASX 200 cash market) just tapped a record high ahead of the European Open. Given the US dollar is also retracing, it suggests traders are placing last minute bets of a softer inflation report.
But the bullish trend structure of the SPI 200 futures chart is hard to ignore. Prices have remained above the bullish trendline despite two intraday spikes below it. And an inverted head and shoulders pattern (bullish continuation during an uptrend) appears to have formed at the record high, which projects an upside target around 7900. The 100% projection of the prior rally lands around 7800.
ASX200 to find sellers at market price?AU200AUD - 24h expiry
The correction higher is assessed as being complete.
We expect a reversal in this move.
Risk//Reward would be good to call a sell from current levels.
A move through 7725 will confirm the bearish momentum.
The measured move target is 7625.
We look to Sell at 7750 (stop at 7790)
Our profit targets will be 7650 and 7625
Resistance: 7750 / 7775 / 7800
Support: 7700 / 7675 / 7625
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
AriasWave Market Update - DOW - ASX - BTC - XLM - XRPIn this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak.
I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these considerations.
Viewing the markets from this angle, one begins to recognize parallels with the tech stocks of the 90s, many of which peaked and experienced a decline of at least 90%, with some becoming worthless.
I see a similar scenario unfolding with cryptocurrencies, where survival will be selective, and many may not endure.
Potential Long on PENPEN is currently in a descending wedge with bullish RSI divergence but still looks bearish on an intraday chart so should move down to support at around 0.07c. Look for a breakout and retest of upper trendline for entry or enter a small position on break of wedge, stoploss at last swing low move SL to BE when safe to do so. Good luck
RiskMastery's Breakout Stocks - FFG EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:FFG ...
I believe this code is at a point of potential volatility.
If price can hold above $0.035 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.046 (Conservative)
- $0.059 (Medium)
- $0.081 (Aggressive)
If however price falls below $0.022 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.