Get started

Asx200

WEB - Giving a Buying OpportunityBullish trend confirmation indications: 1. Made a Higher High 2. Made a Golden Cross 3. Impulsive price action with High Volume 4. After the impulsive break, price is correcting and consolidating. 5. I would be a confident buyer within the Buy Zone which is the Fib Retracement Level Zone of 50-61.8 % and the Gap Window Zone. The ideal level zone is between $4.30 - $4.70. That will be a trade with confluence. 6. Good Buying Opportunity if it closes positive or prints Bullish candlestick patterns in the Buy Zone area with bullish price action follow through with a potential gain of 120%. Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
ASX:WEBLong
by AsimMirzaTrader
SPT - Looks very InterestingBullish Confirmation Indications Recent price action may have confirmed a reversal as we can see that price came down to the trendline and has since moved up. Price has also moved out of the downtrend line (triangle) which indicates that Buyers are strong. 1. Price has been supportive at the support level of $1.00 - $1.30 zone 2. There also lies a trendline which has acted as good support 3. There also lies 200 day Moving Average trending upward and has provided Dynamic Support (Confluence) 4. Price has been failing to continue up because of the Resistance Zone of $1.430 - $1.470 range 5. I believe that price may come down again to give a buying opportunity and backtest the trendline and continue up 6. I will be confident to buy in the $1.120 - $1.20 region (Buy Zone) after proving some Bullish Price Action Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SShort
by AsimMirzaTrader
Uptrend Confirmed - Next Buying OppurtunityRecent price action has confirmed a reversal by pumping upwards and forming a higher high. 1. Price has formed a higher high 2. It has formed a Golden Cross 3. Recent sessions' price action, ( Bearish Candles) indicate that the stock price is pulling back 4. I will be confident to buy in the $4.15 - $4.30 region (Buy Zone) as it is in the 50%-61.8% Fib Retracement Zone (Golden pocket) 5. There is a gap window between $4.30 - $4.50 region (another confluence of Support) 6. There is a trendline support in the same region which is the third confluence. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:GPTLong
by AsimMirzaTrader
1
ASX - Wave Revision - Ending Diagonal Wave VMapping out the exact waves in this ending diagonal in the Australian Stock Exchange. Wave v is breaking back into the AriasWave pitchfork channel and will soon retest in Wave E of Wave (B) of this Expanding Type-2 Zig-Zag. Once the final high is made just above the purple line and then dips back below it this should indicate a top. Once it breaks back down and out of the AriasWave pitchfork channel this should confirm a top is in place. Please LIKE and FOLLOW to get notification of updates and future posts.
ASX:XAO
by AriasWave
$RML.AX it may bottomed out - $RML #ASX #GOLD RESOLUTION MINERALS Resolution Minerals Ltd (formerly Northern Cobalt) is a mining company engaged in the acquisition, exploration and development of precious and battery metals - such as gold, copper, cobalt, and vanadium. The company is led by Managing Director Duncan Chessell and an experienced team with proven success in corporate finance, marketing, metallurgy and geoscience. This equips Resolution Minerals with the tools to meet the changing demands of the mining markets. Resolution Minerals Ltd Listed on the ASX in 2017 with a focus on the exploration of the Wollogorang Copper Cobalt Project. It has since aquired the Snettisham Vanadium Project and entered into a binding agreement with Millrock Resources to earn up to 80% of the highly prospective 64North Gold Project. The company has strong lines of communication above the normal ASX requirements such as webinars, video explainers and regular newsletters to "take the shareholders on the journey" with the company.
ASX:RMLLong
by Abbas39
ORG - Potential Buying OpportunityBullish trend confirmation indications: 1. Impulsive price action at the break of the Downtrend line. 2. Price Broke out of the Downtrend Line with High Volume . 3. Price is retracing to the Buy Zone (Fib Retracement Level of 38.2% - 61.8%) between $4.50 - $4.85 Zone 4. MACD Histogram showing a potential shift from Selling Momentum to Buying Momentum. 5. Good Buying Opportunity when it confirms Bullish Price Action. Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
ASX:ORGLong
by AsimMirzaTrader
3
SLR - Bullish Trend ContinuationBullish Trend Continuation indications: 1. Support Zone Held after Price decline. 2. Trendline Support held after price decline. 3. Price is consolidating above the Support Zone and Trendline. 4. Price Action shows Bears are exhausted. 5. Good Buying Opportunity after Bullish Price Action. I would be interested to buy after I will see Bullish Price Action and would target the next downward sloping trendline or next Resistance Zone (High Volume Profile Zone) between $2.10 - $2.30) Zone. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SLong
by AsimMirzaTrader
ASX - Australian Stock Exchange - The Final Wave Is In ProgressIt is the clear that this final move in the ASX is an Expanded Type-2 Zig-Zag Wave v. I have linked the bigger picture below in related ideas. White Wave 4 ended at 6,644 and is critical support for a long trade. White Wave 5 will likely terminate at the highs marked in the green area. White Wave 5 must make one final all-time-high in order to complete the move. Please LIKE and FOLLOW to get notification of updates and future posts.
FX:AUS200Long
by AriasWave
A2M - Bearish (May have more room to the Downside)Bearish Confirmation Indications according to Volume Profile Strategy As the trend line is apparently broken, the price is now below the heavy volume zone between $13.80 - @14.20 (which may now act as resistance and hence may get selling pressure to the next volume profile zone between $9.60 - @10.20. There are two bearish scenarios that may be possibly in development. Scenario 1 Either price finds support at the current price level of $13.00 and goes up to hit the High Volume Profile Zone of $13.80 - @14.20 and heads lower to the next lower High Volume Profile Support Zone of $9.60 - @10.20. Scenario 2 The price continues lower and finds significant support at the next High Profile Support Zone of $9.60 - @10.20.The Volume Profile Zone of $9.60 - @10.20 is expected to be a very strong support zone where I would be interested to buy for medium term. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:A2MShort
by AsimMirzaTrader
15
NEA - Bullish Pennant in Formation I believe that there is a great buying opportunity in NEA, as it has been forming a clear Bullish Pennant since the end of August. It is clearly a continuation pattern and has been consolidating within this pennant. If Price Breaks this pennant with High Volume, this may be a sign that Price may continue pumping up with force and reach the (Resistance 2 - Zone) nearly $3.10 with a potential gain of nearly 32%. Price may even hit the Strong Resistance Zone of nearly $3.90, which may provide a gain of 62%. I believe this is a great medium term buying buying opportunity. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
NLong
by AsimMirzaTrader
2
RRL - Giving a Buying OpportunityI believe RRL is giving a good medium term buying opportunity, as it had pulled back into Support and after some days of consolidation, it is showing Bullish Price Action. Price has broken the green downward sloping trendlinewith High Volume which is why I am confident that now it is ready to go up. From the closing of the Current Daily Green Bar ($3.87) to my target of $4.85, this trade may give a potential of 23% gain. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:RRLLong
by AsimMirzaTrader
MSB - Bullish (A Medium to Long Term Buying Opportunity)1. Price has plummeted down and stopped at exact upward sloping 50 Months Moving Average 2. Price got support exactly on the 200 Weeks Moving Average 3. Price got support at a very strong Monthly Support Level I believe this is a great medium to long term buying buying opportunity, as price got supported at many confluence levels, as this might be a Higher Low on the Monthly and the Weekly Chart. The support level of $2.00 is very strong. As price got dumped aggressively, I believe it will take some time for it to move up very quickly. I think price will consolidate and coil and there will be a lot of accumulation which may take time for price to take off. I will be watching price action and will enter once bullish price action is confirmed. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:MSBLong
by AsimMirzaTrader
3
KGN - Medium term Bearish Trend ConfirmationBearish Trend Confirmation Indications: 1. The trend has got weak on the weekly and Monthly with Bearish Engulfing Candles and High Volume 2. The price has broken the trendline and formed a lower High and a lower Low which is confirmation of a bearish trend 3. The down move was a powerful and impulsive wave I expect price to retrace on the upside, and I expect price to get weak at or near (Resistance 1 ~ $20.00 level) or (Resistance 2 ~ $22.50 level), where sellers will attempt to dump the stock. I expect price to get dumped. The ideal level and extremely Strong Support Zone is between $9.00 - $10.00, but it is not necessary that price may drop all the way down to $10.00. There may be little swings on the way down but will have to see where KGN finds strong support. I would be a confident buyer at that strong support level for a long term position. Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:KGNShort
by AsimMirzaTrader
1
KLA - Looks like that the medium term trend has changedBearish trend confirmation indications: 1. Formed a double top on the Weekly and Monthly charts 2. It is coming down in a stair step fashion, making lower highs and lower lows on the Daily Chart 3. The bullish trend has been running since a long time, but the monthly candle for November was a big red engulfing candle, and a bearish closing near the lows. 4. Seems that the Bulls have exhausted. There might be two scenarios in the near future. Scenario 1. Price might go up to Resistance Zone of ~$63.00 - ~$66.00, and then fall. Scenario 2. Price might consolidate within ~$53.00 - ~$57.00 and shall break the Support of $ 53.00 and close below. In either case, I think that the Bulls have got weak at the current levels, and buying is Risky now. I am expecting price to fall below Support of $53.00 and would be looking to buy at Strong Support Zone (at or close to $39.00 - $41.00) after confirmation of Bullish Price Action. The Support Zone of $39.00 - $41.00 has been strong in the past as well, so it might be a very good buying opportunity when it reaches the Support Zone. Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
KShort
by AsimMirzaTrader
Who saved my Z1P?🤫🚨🚨🚀ASX:Z1P seems to bounce back but is the savior clement enough to let it shine once again or is it a bull trap before a plunge deep down in the bears dale? Lets deep dive and analyze. If you remember my last post on ASX:Z1P I mentioned that this stock was playing with fire writing a H&S or head and shoulder pattern. Eventually it got caught up in its games and it started dropping. But who stopped that drop? You can see the big red line on my chart, that is Mr 200MA that said nah nah to bears and gave another chance to Z1P. But can we say the worst is over and we bouncing back? Of course not, not until we have either consolidated at the 5.3$ levels for few days and at least close one daily candle above 5.540$. Besides the bullish structure is broken and we need bulls to come back. Also reading the orders book I can see bears still in control for a 2/1 force. Other points to notice, stock below 8 and 21 EMA so not looking good imo. I will keep my eyes on this stock as historically it has been a source of juicy profits and will update you when I find any tradable structure. Stay safe and keep smashing the likes. XTF
ASX:ZIP
by xtf_ze_trader
XJO going to drop like a falling stone?👹🚨🚨👿XJO aka ASX is showing a particularly dangerously bearish pattern. Are we gonna see a revit to 5900$ levels ? Are the bulls gonna dump their positions and run? Lets dive into this chart and analyse. The chart is depicting one of the patterns that is known to be bearish. That patter in a bearish divergence. We have higher highs on price but lower highs on RSI. Shown by 2 blue lines on the chart. If this plays out where does the TA leaves us? To me 6413$ level will be a place to keep an eye on and if it is broken, 6200$ is the level to watch. I am not short yet and I am waiting for 6500$ to be broken before considering this. I will keep this post brief as I am still waiting for a few catalyst to happen then I will update you as days go by. If you like this TA please give a thumbs up. Have a great weekend ahead.
ASX:XJO
by xtf_ze_trader
2