WC8 Breakout end of DecemberBearish Triangle met support and 0.786 Fib. Expect breakout end of December with 0.310 support. Resistance at 0.580.
ASX:WC8
CBA extreme downside risk2024 dividend per share annual, $4.65. Current share price $159.03 If you are an investor you are paying 34.2 times the div return with substanstial risk. Should you choose to put the $159.03 into a 5% term deposit with zero risk your return will be $7.95 being nearly double the return with zero risk. Just saying...Speculation is not investing be careful. Stay safe and Happy trading
Buying idea MQG with stop at 221MQG have recovered after earnings and dividend shakeouts. have build a decent base above 50 day MA and now looking to break though. let's test this with a decent stop at 221.
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.
APPEN LIMITED updateStrong Buy
APPEN target 3.56
Australia's APPEN is showing signs of a recovery story that's working for now.
As the Chart shows, was bashed Down Heavily by the Market.
Potential key reversal bottom detected for WORLevel of interest: Prior support/resistance levels in the past of $13.32 (17-Oct-2022) and $12.92 (10-Oct-2022) (key support/resistance areas to observe).
Await signals for entry such as DMI/ADX and/or RSI swing to the bullish direction.
Stop loss for the trade involving ASX:WOR (and indication that this trade is an absolute 'no-go') is any trade below the low of the signal day of 4th December (i.e.: any trade below $13.16).
Bullish potential detected for MAHEntry conditions:
(i) higher share price for ASX:MAH along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 9th September (i.e.: below $0.315), or
(ii) below the support level from the open of 19th July (i.e.: below $0.295), depending on risk tolerance.
Bullish potential detected for FMGEntry conditions:
(i) higher share price for ASX:FMG along with swing up of indicators such as DMI/RSI.
Stop loss for the trade (once activated) would be:
(i) below the support level from the open of 14th November (i.e.: below $18.20), or
(ii) below the support level from the open of 21st November (i.e.: below $17.87), depending on risk tolerance.
Buying idea CDA with a stop at 15.19CDA has done well and last earnings has jumped. with this the price trading at almost longterm high. had build a good base just above 50 day MV. with positive market sentiment this share can go to next level if it can break this level. at 5% risk good place to get in and see where it will go next :)
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.
$SYR 0.24 Syrious range trade ;-)Time for it to move back out, once that green TL is tapped, theyll all pile back in.
Wouldnt expect much more than 30% from here but itll be interesting to see the reaction at the limit this time round.
Holding from 0.24
Support? Short ideaProbable support, and short target depicted. The rising trendline has been breached.
Buying idea XRO with stop at 168.80XRO has done well and at all time high. after breaking out with earnings now made some consolidation before the next move. we can see if this momentum continue with a decent stop at 168.80.
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.
NVX Retrace to 0.525Bearish signs to drop to 0.52'ish.
M-top and Bearish Pennant indicate a drop to mid-30c (worst case scenario)
Bullish potential detected for WOWEntry conditions:
(i) higher share price for ASX:WOW along with swing up of indicators such as DMI/RSI.
Stop loss for the trade (once activated) would be:
(i) below the support level from the open of 11th November (i.e.: below $29.85), or
(ii) below the support level from the low of 14th November (i.e.: below $29.20), depending on risk tolerance.
Bullish potential detected for SDREntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:SDR - i.e.: above high of $6.91 of 17th October (most conservative entry), or
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of $6.84 from 18th October.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 24th October (i.e.: below $6.36).
3X return for MinRes by Sept 2026?MinRes has been heavily shorted during the lithium price crash, and further embattled in the media due to CEO personal activities coming to light.
Could be lined up for a hard and fast retracement.
300% in 9 months?Fibb retracement might predict strong reversal for lithium miner Mineral Resources.
Fundamentals have recently pushed price down due to CEO media coverage.
Could be lining up for strong bounce back.
Shorts are slowly exiting the building.
Question is how far how fast for lithium prices...
Long ART.ASX AirtaskerDetailed on the chart.
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Above 200DMA and holding its support line
Increased Accumulation on the lows
Tailwinds starting to hit with increased user base with people trying to increase income
Reasonable valuation
Relatively new to the share market
Founder Owner
break out from recent swing high after previous failure swings increases chances of continuation
AIR NZ IS A LOCKAIR NZ Is a lock. Come on,
1. Strategic Market Position
Air New Zealand holds a dominant position in the domestic market, serving 20 main centers and regions across New Zealand. Internationally, the airline focuses on the Pacific Rim, leveraging alliances to enhance its network and competitive advantage.
AIR NEW ZEALAND
2. Financial Performance
In the fiscal year 2024, Air New Zealand has money.
3. Growth Prospects
Analysts project an earnings growth rate of 20.0% and a revenue growth rate of 3.3% for Air New Zealand, with an expected return on equity of 12.1% over the next three years.
SIMPLY WALL ST
4. Commitment to Sustainability
The airline is actively investing in sustainable aviation fuel (SAF) and other eco-friendly initiatives, aiming to reduce its carbon footprint and align with global environmental standards.
THE AUSTRALIAN
5. Dividend Potential
Air New Zealand has a history of paying dividends, which may be attractive to income-focused investors. However, dividend payments can fluctuate based on profitability and strategic investment needs.
$ART Airtasker 0.31Since a pretty poor IPO of $1.40ish back in 2021, this thing has been quietly churning along for the last few years and has more recently been getting a lil twitchy (reactive)
Has spent the last week tightly trading inside the 24/11 candle.
Holding from 31
Targets in Red
buying Idea BXB with stop at 18.57BXB has build a good base at all time, looking to break through! last two earnings has surpass the expectations, next earning on 24th Dec with a high expectation! with positive market sentiment this could lead to new highs!
With a decent stop we can see if the this momentum can continue.
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.
LYC 30% moveLYC has broken out of a descending channel with bullish rsi divergence, also multiple divergences on smaller time frames. On the monthly its coming back to retest the 200 ema and if LYC can stay above $6 it will have formed a change of structure forming higher highs and higher lows definitely one to watch over the coming weeks. Good luck and happy trading 🍀
$SVM the bigger the base the higher into space.Graphite stock.
Strong volume today at breakout.
3.5 year base.
Measured move $1.30
ASX:RIO ELLIOTT WAVE ANALYSIS - 2 DEC, 2024©Master of Elliott Wave: Hua (Shane) Cuong, CEWA-M (Master's Designation).
Wave ((ii))-navy may have ended at 113.34, and wave ((iii))-navy is unfolding to push much higher, targeting 150.00.
While price must remain above 113.34 to maintain this view.
