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Asxlong

ASX short term bias remains positive.ASX200 - 24h expiry Our short term bias remains positive. Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end. Buying continued from the 78.6% pullback level of 8321. We look to buy dips. 50 4hour EMA is at 8331. We look to Buy at 8330 (stop at 8275) Our profit targets will be 8495 and 8545 Resistance: 8386 / 8426 / 8500 Support: 8343 / 8300 / 8249 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.
OANDA:AU200AUDLong
by OANDA
Bullish potential detected for RGNEntry conditions: (i) higher share price for ASX:RGN along with swing up of indicators such as DMI/RSI, and (ii) observation of market reaction at the potential resistance level at $2.23 (from the open of 10th April) after closing above 50 day and 200 day MAs. Stop loss for the trade would be, dependent on risk tolerance: (i) a close below the 50 day moving average (currently $2.11), or (ii) below the support level from the open of 13th January (i.e.: below $2.06), or (iii) below the support level from the open of 17th March (i.e.: below $2.03).
ASX:RGNLong
by Ivory_Wolf
Bullish potential detected for INGEntry conditions: (i) higher share price for ASX:ING along with swing up of indicators such as DMI/RSI, and (ii) observation of market reaction at the resistance level at $3.30 (from the open of 18th February) after closing above 50 day and 200 day MAs. Stop loss for the trade would be, dependent on risk tolerance: (i) a close below the 200 day moving average (currently $3.22), or (ii) below the support level from the open of 21st February (i.e.: below $3.19).
ASX:INGLong
by Ivory_Wolf