CSL is forming an inverse head and shoulders pattern. Technical indicators MACD and RSI are looking good for an uptrend breakout in the coming days or weeks.
ANZ is moving in a 5 wave pattern and have already completed Wave 3. Now it is heading for correction wave 4. Once it reaches point A on the chart, we will see an bit of uptrend where it will meet point B. Post point B, it will continue its journey south If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends. Also don't...
ASX:ALL The Last post was On Aug 17 2020 - the tock has given a handsome gain of close to 35% in 7 months. This is ASX20 large-cap and gain of close 40% consider super cool with low risk and annualized over 60%
I did not expect such strong selling through the 6000 level so soon. I was honestly expecting a bounced at 6000 with long term support (trend line) holding.. I guess THEY had other plans ;) The selling occurred due to the $DJI breaking support and dipping just under 6%. Second target in sight, however, the fisher and RVGI are both over extended so I expect some...