CTT BO, daily reversalCTT had a convincing BO of 2 dollar range on strong annual report, looking at entry on a retest of 2
RUL BO of consolidation trendWe've got a weekly BO and retest of 2.20
Daily breakout of consolidation trend.
it's looking strong but too strong? Trade to ATH and hold for trend follow.
Not in it.
$plsASX:PLS $pls.ax
Which short trigger will come first
We are at range low so if this has any chance now is the time to bounce, I think if we bounce it will be weak and soon roll over.. Red zone is for shorting..
Hold below range low and i think we niuke to 2.50 ish range.. in Green
Potential outside week and bearish potential for TWEEntry conditions:
(i) lower share price for ASX:TWE below the level of the potential outside week noted on 20th September.
Stop loss for the trade would be:
(i) above the swing high of 19th September (i.e.: above $11.56), once the trade has activated.
Buy CBA stop 137.7Buying CBA with a stop at 137.70. share broke the all time high last week and looking to test it again. ASX at all time high level, looking very strong momentum. we could see a break out in price with high alpha if this price action continues.
DISCLAIMER: The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such.
JIN, weekly setup, waiting for confirmationJIN update, due to a false alarm triggering on the 1H because trendline was too close.
JIN had a strong impulse move this morning 1315 to 1360, it did not BO of descending wedge, no action.
Weekly at horizontal and channel support.
Daily under the downtrend line, hourly under the downtrend line.... sorry for wasting your time 😛
PDN weekly trendline bouncePDN on the weekly bounced off $8.
Initial entry fell through 9.50 PoC and support.
Price broke daily downtrend to follow the weekly uptrend signaling a potential ranging consolidation.
On 1H, price is making inner levels, watching for a retest of 9 for entry, or a break of 11 to confirm direction.
Refer to recent wedge action on FMG, similar weekly drop followed by strong BO of wedge pattern.
HUM major reversalHUM is edging out of a decade long downtrend, went into a trading range in 2022 40-70c, and has now broken out of that range.
The levels are clean, trade is on the weekly so it's not a swing trade, more of a long term hold 2-5yrs.
ORG buy on next pullback, trend followORG is looking good on the weekly, holding trendline.
Daily shows earnings disappointment but post divs, price still held 9.50 and is now breaking past the $10 PoC set by that range.
Look for a pullback from here for long entry, partial on ATH, hold the rest for trend follow.
CAR trend follow longCAR in weekly uptrend, had a nice break of tight daily wedge, looking for a pullback entry and trend follow
Buying small qty of SUN stop at 17.49SUN is doing well, looking to break though it's all time high. given the overall market action and this price action taking a small exposure to share with tight stop.
GQGGQG in a weekly uptrend and consolidating towards 50 EMA in a straight line, currently being held down by that trendline.
Daily bouncing off 150 EMA with a double bottom.
1H looking for confirmation of that bottom with a break of the neckline and entry on pullback.
JIN retracement longMoment of truth has come for JIN, descending triangle with the impulse move to the downside, being a long only equities trader, i'm looking at the long trade, but not holding out much hope for it.
GEM weekly reversal longGEM shruggled off a earnings disappointment and held previous zone PoC, the weekly is breaking out of an ascending triangle, the BO level of 1.33 was breached prematurely to earnings and an inside level is forming on the daily. Moved to red flag and watching for setup.
The initial target would just be the take partial level. This could be a powerful weekly reversal, start of a trend.
GLB reversalGLB looks like a reversal on the wekly with a strong earnings result causing them to BO of 3.50 resistance. Nice retest of that level was daily entry ( missed ), likely targetting next level of 4.55
DRO, intraday long entryDRO weekly positive, large overhangs at 1.5, the second largest PoC by volume, daily shows sideways consolidation and hold of 150EMA which could be a really good opportunity for an agressive entry if it's gonna touch and go, 1H is breaking out of a tight consolidation, moving into a larger channel. However, this 1H upwards channel is a retracement to the impulse move started by that weekly drop!
CPU athCPU failed a tight range just under ath, it's coming back to the PoC of the last range at $27, failing that, bottom of ascending wedge is $26, watching out for either place to hold for entry
REH.ASX: 18 Sep, 2024 - Elliott Wave The Bull Market© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M.
Wave ((iii))-navy is unfolding to push higher, targeting the high at 32.49, while price must remain above 25.11 to maintain this view.
LOV longLOV had an earnings upset which pushed it back into it's year long range
on the weekly, there is a strong support area at 27, or the current 30 level could still hold.
if the latter, then I'm looking for a BO of range and retest for entry.
it's in a weekly uptrend, so i'm seeing this as a buy opportunity.
BEN BO continuationBEN broke out of a weekly trend much like WBC and is consolidating. Watching hourly channel for a BO for entry
PMV 1H long to ATH, 1R PMV had a nice hold of the 33 level support, worth a 1:1 trade here to ATH, hold half for trend follow
CAR retest + trend followCAR in a weekly uptrend.
Recent BO off earnings and pulling back. Looking for a retest of either the BO range or PoC and continuation.
