TLS - We may be getting a Buying Opportunity Right Away...TLS seems to be a buy right away, as it has pumped up higher with a massive Bullish Candle above the downtrend line, with High Volume and simultaneously giving a Bullish MACD Cross. It has been falling off like a rock since June 2015 all the way down from $7.00 to around $2.60 ( Support Zone ), but I think we may have seen a Medium and Long Term Term Low as it has bounced off strongly.
We can also see as price was forming lower lows, MACD has been moving up developing a massive Bullish MACD Divergence suggesting a big shift in the Bearish Momentum.
I believe that TLS should continue to move higher until it finds resistance at the R1 zone around $3.30 at TP1, giving a potential gain of70% on the position and move even higher to $3.550 region where my TP2 lies, to give a further 7% gain (or 14-15% gain in total position).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Asxlong
COH - Are we getting a Buying Opportunity Right Away?COH seems to be a buy right away, as it has bounced off with a massive Bullish Candle, with above average High Volume and simultaneously giving a Bullish MACD Cross. It has been falling off like a rock since the 19th of November High of roughly $240.00 all the way down to around $177.00 (Support Zone), shedding almost 26%, but I think we may have seen a Medium Term Low as it has bounced off strongly.
I believe that COH should continue to move higher until it finds resistance at the R1 zone between $205.00 - $210.00 range at TP1, giving a potential gain of 20% on the position and move even higher to $220.00 region where my TP2 lies, to give a further 12% gain (or 32% gain in total position).
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
ASX:$LYC - watch out this stockThe world's largest producer of rare eart
high quality products include
Neodymium and Praseodymium (NdPr) used in magnets
Lanthanum (La)
Cerium (Ce) and
Mixed Heavy Rare Earths (SEG).
About Lynas Rare Earths Ltd outside China.
Rare Earth Oxides (REOs) are a much sought after resource, particularly within the high technology and low carbon industries. For example, REOs have played an important role in helping reduce energy consumption in many of today's electronic audiovisual, photographic, and music devices.
Also, used in everything from iPhones to weapons,
ZEL - Buying OpportunityUptrend Confirmed due to recent price action which 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 $2.72 - $2.82 region (Buy Zone) as it is in the 50%-61.8% Fib Retracement Zone (Golden pocket)
5. There is a gap window between $2.73 - $2.96 region (another confluence of Support)
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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.
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.
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.
Great online sports betting play : Pointsbet ASX:PBHPointsbet ASX:PBH had a great year in 2020. Its share price has gone from 4.47 -> 11.87 in just one year.
Back in March when the pandemic was first breaking out globally, its share price has once tumbled to $1, as everyone thought there would be no sport matches and people would have less money to gamble. There were indeed much less “games” during 2020, however the company strategy of expanding into the US has yield beautifully as the US market was relaxing their restriction on online sport bettings…and would be even more so in 2021.
Was 2020 presenting the best sentiment for Pointsbet to operate? - Absolutely NOT.
Will 2021 be a much better year for Pointsbet? - ABSOLUTELY! Especially with the vaccine coming in most of the developed country, sports games would start to return to normal, the opportunity ahead for PBH would only be much more compared to that in 2020.
ON technical side, PBH stock price had a huge jump in August when their partnership with CNBC was announced. Its trading range has been contracting ever since, forming at least 4 textbook style VCP from Sep to Dec with shrinking trade volume, not to mention a huge wedge sharp has been formed and all the MA lines are now consolidating at around $12 range waiting for the next catalyst to breakout.
I am seeing an excellent risk reward ratio with investing into PBH, taking its 100MA as cut lost and looking for huge upside to challenge its 52 week high at >$15 range within the next 3 months.
disclaimer : currently having a position in PBH and will be holding for at least another 6 months.
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.
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.
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.
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.
Breakout Incoming Mydeal (MYD)Compression triangle identified on mydeal
MYD has had strong growth in revenue/customers this year and will continue to expand as online shopping becomes more popular due to the COVID19 Pandemic.
A breakout is expected from here.
IFL - Bullish Trend ConfirmationBullish Confirmation Indications
1. IFL has broken out of the long downward trendline with High Volume
2. Price Action have been impulsive which indicates that Bulls are in control.
3. The price action is consolidating against the trendline.
4. IFL is looking good on the weekly and monthly charts.
I expect IFL to pull back to the Buy Zone between $3.52 - $3.25. I think it will be a good opportunity to buy with an 18% potential gain on the first trade and 24% potentially on the second.
Please note these are my own notes for future reference, by no means trading advise to anyone. Please do your own research before entering into any trade.
TPG - Bullish Trend Confirmation TPG - Bullish Trend Confirmation Indications:
1. Price has broken the down trendline
2. It has formed a higher Swing High
2. Price has retraced back to support and has confirmed bullish price action
I believe price has shown bullish price action at support and I expect price to go higher and hit the target level of $9.60.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
CCA - Bullish Trend line Support IntactBullish Trend Continuation Indications:
1. Upward Bullish Trendline working as Support for price.
2. Have been consolidating above the trendline which is a positive sign
3. I would wait for price to close above the previous Green Candle's High on the Daily Timefrme to give me confidence that
Buyers are in control and they want to take it higher.
4. If price closes below Wednesday's low (0.135), then this trading plan will not be executed.
5. If I take a position, my target will be 0.210 (Previous Resistance), which may give a 40% gain on the position.
6. I will be closely watching and see how it develops further to take a buying position and will update accordingly.
Note: Please note these are my notes for my own future reference. By no means trading advice to anyone. Please do your own research before entering into any trade.
FLT - Bullish Trend ConfirmationFLT had been hit hard in the pandemic, and now the price action proves that FLT has found a bottom and expected to head North.
1. It has also printed a higher high and a Golden Cross is in development.
2. Current price action suggests it is finding resistance between its recent high of $19.12 and $17.50 , and may give a retracement.
3. I would be a confident buyer at the 50-61.8% (Buy Zone), between $14.00 and $15.15, also there is a gap window in this zone, which is a confluence.
4. Price Action suggests that FLT has a lot of room to catch up and the next resistance is at $33.00.
I will be monitoring the Price Action closely and will update accordingly.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Presenting good buying opportunity at 27.00 rangePresenting good short term buying opportunity at current price range.
I think it is going to retrace upwards from current price that is $27.00.
this can give potentially around 15% profit at $31.24 range.
even if it comes down i can get good support at $26.00 range from where i can easily retrace upwards giving nearly 20% profit.
about to make golden cross - next buying at 16.25I am bullish on FLT, chart looks positive as about to make golden cross.
There is good support at $16.25 range, so don't think so that it's going to come down further.
Take profit at $19.10 range.
If it doesn't get support at $16.25 range then next support is at $13.50 zone.
I am pretty hopeful that FLT will continue moving upwards.
Uptrend Confirmed - Next Buying OppurtunityBullish trend confirmation indications:
1. Downtrend line broken.
2. Impulsive price action at the break of the trendline with High Volume
3. After the impulsive break, price is correcting and consolidating.
4. I would be a confident buyer within the Buy Zone which is the Fib Retracement Level Zone of
50-61.8 % and support of the trendline. The ideal level zone is between $4.90 - $5.00. That will be a trade with confluence.
5. Good Buying Opportunity if it closes positive or prints a Bullish candlestick patterns in the Buy Zone area and on or near
the trendline with bullish price action follow through.
Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.
Strong Bullish Price Action - New Buying OpportunityBullish trend confirmation indications:
1. Descending Wedge Pattern Broken.
2. Impulsive price action at the break of the wedge.
3. Price Broke the Squeezed Wedge with High Volume.
4. Price has retraced to the broken resistance zone, which is now Support.
5. Price Action shows Bulls are in control.
5. Good Buying Opportunity and very good reward potential.
Please note these are my own notes, by no means trading advise. Please do your own research before entering into any trade.