IFTIFT
As Chart says predicted 49 weeks ago, it's a long waiting game thats why im trying to get good at USA stock trading moves like this happen in minutes sometimes.
You can practice trading USA stocks on Tradeview they have scanners and Highest Volume in the side bar all ready to go just click on it and trade, better than Think or Swim what a nightmare platform.
NZONZO
Back to previous high happens quite alot in this game big players know it's a safe place to shoot for when they decide to start piling in needs to break above blue lines, watch.
Meridian Profit TakersSuggest Sell keep some profit
Buy if it hits $3.785 looking for the next share price to run up
SMLWho Knows really the new Zealand Share market is the most fickal in the world if u ask me very little makes sense on an earnings to share price ratio it is ridiculous .
Companies earning $350 m a year year on year are at $3.50 pr share and a company that earns $20m is $10 ? how does that work ?
Anyway based on Forex trading this is the most probable chance i think it has broken Resistence it is pulling back and will have another run then pull back then have another run as they do then take profit at the top because everyone else does
The stupidis thing you can do is sit there and watch your money dissapear, take money off the table then look for next best probable move.
When it hits $10.20 Buy safer thing to do it is moving up WAIT let the market tell you what it is doing if it doesn't hit,don't buy.
GTKIf breaks $5.60 should go to $6.40
then Sell look for next good move
Who knows really but thats my Guess based on ewhat i have learnt over the last few years purely Technical wouldn't have a clue how the company is doing i have concluded over the years it does not matter 1 iotta
What matters more is crossing of Moving Averages etc that will tell you more
News announcements of course take head of those if you are able and can be bothered checking the News announcements (After those in the know already have Brought or Sold the day before because that is how it works believe me i have seen it : )
NZ market is Fickal
IFTThis is my goto Setup best chance buy the big boys will know it is an easy run to previous levels then they will sell
IMHO
Meridian EnergyOK stab in the dark who knows really but
We had big down candle
Then indecision candle
Then Basically Pin Bar
Looks to me like wants to go lower
Morning Star suggest recomended price $4.10
Cueently 1 star = Over priced
Medium term reversal.Bullish divergence, horizontal support, long term trendline, 30% pullback from the highs.
Air New Zealand looks like it reversedInitially thought there was a bullish fractal in play, but I kept looking and it seems like wishful thinking. Considering global recession is looming, the bullish scenario playing out seems highly unlikely.
We are at resistance now, so it's a good time to sell. Maybe we will revisit the 3.6 and that's a slam dunk sell.
$7.50 is a no fly zoneNo momentum to break higher - Price instantly gets sold into. This might need to test some support before a new all time high. Not a sell call yet, but soon maybe.
10 year bear flag breaks downHuge momentum to the downside now on news of lower profit forecast.
How low will this eventually go? Bear flag says 0. The double bottom of 1.65 seems likely.
This company owns so much of NZ construction... What on earth happened during the last 9 golden years in NZ?
A bad case of Mycoplasma bovisAnyone buying before 4.84? It's a Monthly support + wedge target + an almost 100% retracement.
Sour milkLooks like a bubble just burst.... or the milk just curdled? Interactions at each fib level marked so we could see some bounces on the way down. Looks like every other cryptocurrency I watched over the last 6 months; personally anticipating a head and shoulders to emerge. New to stocks though so let's see.
THLTHL
Target $6.20
Fibs Extensions Basically and my own Top Secret Analytic Criteria (Guess) Na just Joking it is pretty good on Forex and Crypto
AIRAIR Guess Shares act diff from Forex and Crypto
Has been 19 a Share 1984 or somethinh most under priced stock on NZ market Biggest Earnings of all companies people just don't like Air lines because of competition and Feul Prices NZ has so much Tourism it's going no where
So should price "No where but up" if people had any brains and the NZ Share Market made sense
SMLSML Guess Shares act diff from Forex and Crypto
Pattern Tends To Break To The Up Follows AT Milk Trend is up Major Good News Co Horting with Fontera Now China Market USA Market Hugh they want more
