Will need some right side now without knowing the full extent of announcement.. still think share price wont go below 36c, but there will be better buying in the coming days for people who havent entered.
Good price action for pointsbet so far, needs to clear 14.20 though as quite a bit of resistance around these levels. Entry here with a stop at $13 is a pretty good risk-reward play given movement last 3 days. A clear and close above 14.30 and movement will begin to the upside.
Good follow through from yesterday, and hit resistance at the 7.60-7.70 range. Will need a pull back and recoil to move above and get to 8.50 first target. Wasnt expecting such a strong move yesterday, but rode it on open today.. wouldnt necessarily buy it tomorrow, but there could be some good buying on the pill back between 7 and 7.20.
Decent price action, but gold is still null compared to the crypto world.. once gold breaks and holds the uptrend, it will start moving alot more bullish, but for now i see a bit of sideways action for a few months..
Happy with how oil is basing currently, might have the next 2 weeks hover above the $61 mark before breaking the long term downtrend again. Looking for a big spike in consecutive 4 hour volume to look to get some asx oil companies shares..
After a rounding candle like move over the last 6 days with a green candle yesterday, i feel a close above the $61 mark may be on the table today or tomorrow. Lithium stocks are starting to move, alongside tesla again (i feel like they are correlated in current market 😅). So a good move by the lithium ETF will signify a change in price action and it can start...
Fundamentally im not a believer in the company. But on a technical aspect, its been respecting the 43EMA on daily nicely, and resistance at 10c area is to big to overcome atm. I feel one more pullback is ideal for creating a good uptrend, but the other option is just as good. I wont enter cro again as i dont believe in what the company is doing, but maybe with a...
Disregard last nights analysis on vulcans price action play... if anyone knows why some lithium stocks have soared this morning please let me know. Otherwise, great buying volume and its behaving alot differently to the other spike of buying volume. Should see some consolidation above the 6.80 mark and hopefully no drop below the 6.60 mark again if you want to...
A daily close above 40c could see IOU start a new uptrend. Payments sector coming back into light yesterday could see some small cap stocks move. IOU has broke downtrend and is basing, so any move above 40c and close on daily will be a good starting point. Entry now with a stop at 33c is good risk reward imo. (Just might be waiting for that pop over 43EMA)
Id like to see one more touch of the rising trendline before a break above. So with that said, i will load up at $6.10. Personally, i dont think vulcan is ready to break above, so another week here, either above the 43EMA on the daily, or a touch of trendline at $6.10 will set Vulcan up for a strong break and follow through with first target at $8.00. Currently on...
Will probably pull back and consolidate here before pushing higher. Alot of green across payments sector and NOV in red. Doesnt say it will dump. Just needs time to consolidate. Will likely push to the 60c mark and higher in May.
It has been moving well the past 5 trading days. Looking for a breakout tomorrow and a close above $8.60 for an entry. Initial target at $10.40. A stock that will probably be dependant on borders and trade agreements with china to be positive for the company. TA wise, its bullish above $8.60 so will post again when it gets there. Still on watch. However, entry...
Crazy day and volume for z1p. Definetly proving to the ASX its bullish. Shakeout under support line, followed by a break above then high volume breakout today to put it above long term trendline. Will be interesting to see how it plays out this week and next. Wouldnt enter it personally. I believe there will be a buying opportunity at $9, but thats not to say it...
Bullish on bet to get to $1.50 by end of May, will possibly play out according to the channel. A break above channel will see it move quite quickly to $1.40 i feel before pulling back to $1.20 and consolidating slowly moving up again. Personally, price action is feeling a little weak, so a pullback now to the $1.08 mark or consolidation here for a week will be...
Follow through tomorrow ideally will see pointsbet go to $14.50 this week or next before some consolidation. Was watching it this morning with a buy order at $12.90 mark, but never got there. Quite bullish on Pointsbet this month, entry here with a stop loss at 12.90 would give a good risk reward. Otherwise, a push above 13.90 on good volume will also be a buy signal.
Alot of talk on twitter now about this stock. (Usually a warning sign for me) but theres nothing else technically alarming me so ill stick with it. Highest close on daily since august 2018.. so thats a strong sign. Looking for a follow through tomorrow, but resistance at the 38c -40c range is just as large as the 35c mark. Big buying will need to come in and make...
Higher low in, hopefully a larger green candle to form a 3 green soldier pattern tomorrow. Good volume in the first hour this morning, which followed through. Lets see how it goes tomorrow.
Woulsnt suprise me if tomorrow is a high volume green day if the US market and LIT etf is green tonight. Good break out on volume, but couldnt close above the 35c mark. Still very bullish, regardless of the selling today. Lets see how the next 3 days play out.