RZI - This pull back may provide a good Buying OpportunityAfter the strong move to the upside, RZI seems to be pulling back, and my Buy Zone is between $1.470 - $1.62 region, where the trendline Support also lies. If it retraces lower to my Buy Zone, I would be taking a Buy Position after Bullish Price Action, to join the upcoming move to the upside. Lets see how it develops in the next few days.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Asxlong
LLC - Trade PlanMy trading bias for LLC is Bullish as it has bounced off the lows (Support), High Volume Profile Zone and the lower edge of the Pitchfork Channel. The Bullish Price Action suggests that LLC may go towards the previous Highs, providing an 11% gain.
TP ~ $14.70 (potential 11% gain)
Stoploss - below $11.70
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
DXS - Bullish Trade PlanI have a Bullish Trade Bias for DXS because the trendline Support has held very well and price has bounced off strongly with High Volume. MACD is also bullish which supports my trade idea. I think we will see DXS move higher in the next few days.
TP1 ~ $9.45 (potential 6%)
TP2 - $9.80 (potential 10%)
Stoploss - $8.30
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GOZ - Bullish Trade PlanMy trading Bias for GOZ is Bullish as it has clearly broken the Bearish Trendline with very High Volume.MACD has given a Bullish Cross and RSI has come out of the Oversold region. I am expecting a continuation to the upside, and expecting a potential 6-9% gain.
TP Zone ~ $3.30 - $3.45
Stoploss - $2.95
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
OPY - Trade PlanMy Trading Plan for OPY is Bullish because it has broken the Descending Wedge and has even Backtested it. I expect OPY to move higher.
TP1 ~ $4.00 (Potential Gain 43%)
TP2 ~ $4.80 (Potential Gain 72%)
Stoploss - $1.900
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SCP - Trade PlanMy trading Bias is Bullish for SCP as Earning Report is out of the way now, and after smashing surprise positive earnings.
On the technical front, SCP managed to break out of the Bearish Trendline with High Volume indicating that the Bulls are now in control and want to take the price higher. It has gotten Support right at the edge of the trendline and at the 61.8 Fib Retracement Level, and also the 200 SMA.
TP - $2.50 (Potential Gain 5%)
TP - $2.60 (Potential Gain 5%)
Stoploss - $2.250
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
MGR - Bullish Trade PlanMGR has bounced off from Support and the High Profile Volume Zone with High Volume, after breaking the Bearish Trendline, suggesting that the Bulls have now taken over and want to ride the price higher. MACD has also crossed with RSI coming out of the Oversold region. I belive that MGR has given a good buying opportunity.
TP1 - $2.53 (potential 10% gain)
TP2 - $2.73 (potential 18% gain)
Stoploss - $2.10
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
COF - Trade PlanMy Trading Bias for CSL is Bullish because after forming a High High, it has confirmed that it is in an uptrend. The recent pullback at Fib Retracement level of 78.6% has been good support, and Bullish price Action with a break of the Bearish Trendline coupled with High Volume indicates that COF should continue to the upside.
TP1 - $2.150
TP2 - $2.230
Stoploss - $1.870
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CQR - Time to get Bullish?I think CQR is preparing for a move to the upside as price is now above the 200SMA and 50SMA and it has also broken the Bearish Trendline with High Volume. I think it is preparing for a move towards its previous Highs.
TP1 - $3.90
TP2 - $4.05
Stoploss - $3.30
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
GPT - Is the Correction Over?GPT may have finished its retracement and may be ready for an up move. As it has broken the Bearish Trendline, and a bounce of the Support Zone and High Profile Volume Zone, I think it is going to move up towards the previous Highs.
TP1 - $4.57
TP2 - $4.77
Stoploss - $3.97
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ABP - Will it head higher?ABP is forming a bullish pattern suggesting that Buyers are in control now and most likely ABP is expected to head higher to the previous Highs. The price has broken out of the Descending Wedge Pattern decisively with High Volume and showing Bullish Price Action.
TP1 - $2.90 (Potential gain 6)
TP2 - $3.00 (Potential gain 11%)
Stoploss - $2.55
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
VCX - Does it want to Move Higher?The Chart formation of VCX suggests to me that it may continue higher as it managed to bounce of decisively off the 200SMA and even managed to closed above the 50SMA and the Bearish Trendline with High Volume. I think it may go to retest the previous highs. MACD has also crossed indicating a continuation of the trend.
TP1 - $1.750 (potential gain 6%)
TP2 - $1.850 (potential gain12%)
Stoploss - $1.450
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
URW - Trade PlanMy trading Bias for URW is Bullish as it has clearly bounced off the Support Zone and the 200 SMA. I expect URW to continue higher towards the Resistance Zone between $5.30 - $5.80.
TP $5.30
Stoploss - $4.15
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
We have not closed below this level for months ASX200The trend is your friend, I am still bullish in this market,
however, we must hold the 50 moving average on the 3 Day chart "yellow line", currently sitting at 6400.
We have not closed below this level and 50 moving average for months....
SCG - Trade PlanMy trading Bias for SCG is Bullish as it has clearly bounced off the lows (Support), with a decisive break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region. I am expecting a breakout with energy, and expecting a potential 7-8% gain.
TP ~ $3.00 - $3.10
Stoploss - $2.55
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
WGX - Trade PlanMy trading Bias for WGX is Bullish as it has clearly and decisively broken and closed above the Bearish Trendline coupled with very High Volume. MACD is about to give a Bullish Cross Signal and RSI has come out of the Oversold region.
TP ~ $2.40 (Potential Gain 13%)
Stoploss - $1.75
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
SYD - Trade PlanMy trading Bias for SYD is Bullish as it has clearly bounced off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume . MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP1 ~ $6.60 (Potential Gain 11%)
TP1 ~ $7.00 (Potential Gain 17%)
Stoploss - $5.40
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
PYR - Trade PlanMy trading Bias is Bullish as it has clearly placed a Double Bottom off the lows (Support), with a break and close above the Bearish Trendline coupled with very High Volume. MACD has given a Bullish Cross and RSI has come out of the Oversold region.
TP ~ 1.035 (Potential Gain 16%)
Stoploss - 0.780
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
FLX - Trade PlanMy trading Bias is Bullish for FLX as it has clearly placed a Double Bottom off the lows (Support), with a break and close above the Bearish Trendline coupled with slightly higher Volume.
TP ~ $0.425 (Potential Gain 18%)
Stoploss - $0.335
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CSL - Trade PlanMy Trading Bias is Bullish for CSL because of the decisive break of the Bearish Trendline with very High Volume.
TP1 ~ $288.00
TP2 ~ $298.00
Stoploss ~ $261.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX Curved structure breakdownPrice has broken down from this curved structure
Although it is still within a larger channel
I feel this channel wont hold and a further breakdown will ensue
We will see
My Idea on ASX:HUM in one single chartI have been monitoring this stock but at the moment I can say that it is was only humming but looking at the chart and on the well known structure (Cup-and-handle), I can say that this stock is about to scream instead of humming. i will keep an eye on it. The only issue it is not hype like other BNPL but it is catching up slowly. we may see a big move in next few days.
According to my other indicators, it is a buy on low time frame swing trading but, if the Cup-and-Handle plays out, it may be another multibagger on my watchlist.
I will keep you posted if anything interesting pops up. If you like these TA, please smash the likes.
Peace and Love.
XTF
APX - Trade PlanMy Trading Bias for APX is Bullish because price has broken the Bearish Trendline with High Volume.
TP1 ~ $28.00 (Potential Gain of 18%)
TP2 ~ $30.00 (Potential Gain of 28%)
Stoploss below $21.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade
