Analysis: Looking at the weekly chart, I would say it's too early to find an entry whilst price is still consolidating. Once we can see price breaking out of zone we can look for a retest confirmation. To consider: Overall history is very bullish. Currently in bear market. Crypto regulation nearing. SMA crossing but no clear indication.
1W Chart showing long term projections Wave (iii) of (C) Wave (3) of 3
West Australian based engineering firm designing and constructing mine processing facilities for some of Australia's biggest mining companie s. Huge growth potential shown in the 1W chart. ST from here we should rely on support around the 1.60 area. I think we should swing somewhere in the region of 2.00 which is the 0.382 retracement of wave a-c
#BRL Bathurst Resources 1.54 - Watch the 1.67 area for retracement before next and possibly final wave.
ASX .BSE Base Resources Target longer term to fill out the flat corrective formation= also known as double top Projection is 1.00 Fibonacci expansion and it fills out pretty nicely as a scenario. If all goes well of-course. Progression upward from this point is the key performance indicator for the trade to be successful.
Wave 2 triangle breakout. Move above the 100% fib would be bullish and confirm wave 3 is in effect Failure to breach 0.30 and make a new high will see it test the 0.618 extension
Bullish 3rd wave confirmed over 0.215 if it can move into that new high Failure to do so may see the stock fall back into its corrective phase wave 2
Hello investors were hopefully starting to see the bottom of the correction. in line with the opportunistic bullish count of the Nasdaq and tech indexes which are all oversold and edging to push higher. if if only a corrective wave (2) cheers limitlesss
Hey investors, Gearing up for the future Long term outlook for the company is great. technically it has a long way to appreciate from a wave perspective regards, Limitlesss
hey investors in line with the GDX position. De-grey retracement looks to be completing. like and share our pages regards, limitlesss
Hey investors Setup in the GDX and GLD at the moment is begging for gold miners to revert back into an upward cycle Technically we have enough waves down to consider the formation complete and divergence is coming through stronger as the days pass NST is one of those stocks. ASX listed All the best. Please hit like and support the ASX listed traders on...
AU.XJO Continuation Wedge - Bullish possible outcome
AU.XGD Possible bearish wedge - 15m
Channel bound and trending good entry position with trend as stop loss to reduce risk exposure highly exposed to nickel price lost cost producer