Potential key reversal top detected for WBTLevel of interest: Prior support/resistance levels in the past of $3.04 (09-Aug-2022) and $3.75 (12-Dec-2022) (key support/resistance areas to observe).
Await signals for entry such as DMI/ADX and/or RSI swing to the bearish direction, and observe market reaction to support/resistance area at $3.04 to confirm.
Stop loss for the trade involving ASX:WBT (and indication that this trade is an absolute 'no-go') is any trade above the high of the signal day of 2nd January (i.e.: any trade above $3.80).
Keyreversaltop
Potential key reversal top detected for GMGLevel of interest: $36.67 area level of interest proved problematic on 22nd July (key support/resistance area to observe). Observe market reaction around this level of interest.
Stop loss for the trade involving ASX:GMG (and indication that this trade is an absolute 'no-go') is any trade above the high of the signal day of 10th December (i.e.: any trade above $39.43).
Potential key reversal top detected for GMGLevel of interest: $36.67 area level of interest proved problematic on 22nd July (key support/resistance area to observe).
Stop loss for the trade involving ASX:GMG (and indication that this trade is an absolute 'no-go') is any trade above the high of the signal day of 20th September (i.e.: any trade above $37.12).
Potential key reversal top detected for CU6Level of interest: $6.60 area level of interest proved problematic on 01-Aug (key support/resistance area to observe).
Stop loss for the trade involving ASX:CU6 (and indication that this trade is an absolute 'no-go') is any trade above the high of the signal day of 23rd August (i.e.: any trade above $7.25).