Asxlong
OLL Looks to be setting up for another runIPO didn't open any higher but on market buying has been impressive, Looks to have most of the supply from Traders/Sellers move it down to the 20EMA where it has seen support, will need a few more days to play out here but possible early entry for anyone building a position
DDR Setting on the 20 week for a BreakoutDDR has set up a nice weekly pattern and is now on the other side of the weekly trend line, I would like to see volume dry right up and the 50MA turn to face up on the daily. Will be checking this chart daily.
SVW Breakout of 14 month baseSVW broke out of 14 month base today after resetting a 2 week pivot, hopefully the beginning of a new trend
SVW Stage one setupSVW looks like its setting a nice stage one, possible 2 week pivot here, very low volume, an entry above last weeks high and stop just below provides a nice RR with an aim to get some out at the old highs.
IDX - Channel Breakout on good Fundamentals This stock is showing great signs of breaking out of it upwards trending range. The ADX is holding a strong bullish trend with the reading of 40. All the moving averages are aligned and the SAR indicator confirming a buy signal. The OBV stayed well above its moving average as pull backs waves are becoming smaller, on low volume, as price moved higher. The stock is also backed by good fundamental data for the past three year running.
ASX:APT STRONG Long Hello my dear
You can find all details on the chart above.
ASX:APT
Entry: 28 - 28.5
Targets:
First : 36.4
Second: 46.4
Stop: 25
______
I Iike WHC WHITEHAVEN COAL LIMITED Energy Sector XEJ looking good.
Whitehaven Coal looking good too.
From a TA point of view:
Broken downward trendline
RSI and MACD rising
I like it even more once the stock price can close above the 50 MA.
Keep it on your watchlist!
$OAR $OAR.AX High Probability ReversalSelling absorbed at support indicating a reversal for long entry.
Possible target price is 0.18
Moving trend line down trend intercept support
Waiting for price action to confirm reaction to break up
Still bearish but bullish momentum could break the down trend
Use you trading strategy to confirm the bias
Vap Long Term IdeaLong term market cycle idea based - This can be counted two ways the first being the displayed idea. The second being it has begun its third wave on it grand cycle, however the probability of this count is substantially lower based off market capitalisation and fresh money flowing in. In saying that I believe Vap has entered it fifth wave and will see higher returns over the next year.
Long Carsale RSI and MACD looking good.
The stock price is above all moving averages.
Breakout the triangle.
Looks like ASX:RAP is on the move again.Time to look @ renteringI've probably held this one back a little longer than I would normally, due to my personal bias of previously being burnt by it...But the charts are now too interesting to leave it in my watch list. If your not familiar with ASX:RAP they are producing a smart phone App to help diagnose respiratory conditions. Some recent news around TGA classification as a medical device has helped spur the price northward and it's now time for me to face my demons...
If you remain unconvinced, perhaps add it to your watch list...
Disclaimer: We do not currently hold this stock.
TLG confirms change of directionOne of the most anticipated companies on the ASX with technology to held EV's has just confirmed it's bottom @ $0.37.
The price has closed above both the bollinger band and Linear regression. More specifically the Linear regression is in a downward projection and for the candle to be out of it confirms that a change of direction on the larger scale of things.
In the short term expect the price to touch $0.49 which is where the 61.8% fib line is.
This information is based on my opinion of how I read the market.
SEI.asx continues the move higher as buyers step up the pressureSEI continues to drag in buyers to hold higher levels with clear skies up to the 0.10 Zone. Price oscillated around the 0.03 level before building a head of steam and cementing the trend higher. We expect the move to continue with a push through 0.06 in the coming days.
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Possible SIS ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.110 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.110
ASX:SIS
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.110
Target 2 @ ....
Risk/Reward @ 2.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible AO1 ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.02 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.020
ASX:AO1
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.020
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible MEB ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.040 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.040
ASX:MEB
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.040
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible WSI ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.040 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.040
ASX:WSI
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.040
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible DSE ASX long position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.045 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.045
ASX:BSE
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.045
Target 2 @ ....
Risk/Reward @ 2.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX approaching support, potential bounce!ASX is approaching our first support at 6238.2 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6306.1 (horizontal swing high resistance).
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce!ASX is approaching our first support at 6238.2 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6306.1 (horizontal swing high resistance).
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
