I'm already in this, but structure is interesting as it looks like a strong move is coming shortly Triangle breakout and retest complete... Watch this space!
BKY Monthly chart Elliot wave corrective patterns and Large triangle, added Triangle base target estimate to possible breakout area Likely $2.70, currently $0.425 = 630% or 6.3 reward to risk if you are willing to keep it to $0.00 Not making money but very experienced and qualified management team developing its spanish mine, BKY has a current ratio of 31x...
Elliotticians, don't crucify me... I'm no expert in EW theory! But I believe we are seeing a super high level double or triple three pattern emerging in NAB Long term it appears that NAB was in a trending pattern till 2009 Currently we are in a long term corrective phase, which consists of large Flat corrections and zigzags or triangles Overall we just completed...
PEB I already own this as a long term investment, but interesting chart right now.... Currently had gap down due to bad Medicare news removing product from approved test list, but shortly afterwards one product was ranked highest A+ for test credibility so this may remove the previous restriction in Medicare and open market again Technically this has a long term...
Triangle Pattern, breaking out to upside - likely to see increases for the next 4-10 weeks
Weekly chart of BKY Currently breaking out of weekly triangle within a larger triangle pattern Will likely get to $0.57c relatively quickly which is the larger triangle trend line Given the hovering around current levels I'm almost thinking that is accumulation which may push this through multi year resistances and breakout for a strong move higher Full...
DAX monthly chart hitting fibonacci extension cluster level The Dax typically leads the Dow to some degree, and has a deeply overbought RSI now at a potential resistance zone Likely to have a retracement in the short to medium term Not trading this, but highlighting as it may indicate that other western indices may follow suit and struggle to increase in the...
XAUUSD weekly, has butterfly pattern with RSI divergence Likely retrace back from here to around the 50ema, which is around the 2500 level give or take
Monthly chart has clear 5 wave move into longer term bullish fibonacci cluster level This stock has taken a battering over the last few years and recently there is a monthly spinning top outside of the bollinger bands and a gap on the weekly at $1.05, so there is at least 25-30c to close this... I'm looking at the longer term bullish bias, so wont be trading...
Long term butterfly pattern on the Monthly Hit long term fibonacci cluster, I've already bought this as a long term position
Already bought this back in November, but this is an update as it has currently broken out of a triangle and also a bollinger band squeeze pattern Likely to move higher relatively quickly now that the consolidation has completed
CVT closing in on 2009 low, I've entered within the triangle, scaling in as a small early position (this is a multi year trade) Currently broken lower as most triangles continue on, and there is a 5 wave structure lower and showing a fib cluster for a potential end of wave 5 Will buy again around the wave 5 cluster low if there are some bullish candles start...
Close to 2009 low, looking for a reason to buy on the lower timeframes at support Indicators are oversold as well on the monthly chart
Looking at Macro timeframe and there are some interesting levels coming up Large scale harmonic bat pattern and demand level, Coupled with lower timeframe fibonacci cluster levels just above and around the higher timeframe demand level Fundamentally this stock is ~50% undervalued, losing money but has forward dividend of >11% as @$2.59 and it looks like it...
Monthly chart of IRI (ASX) Long term Butterfly and trend line support zone
IRI Weekly Looking for an entry into this, as fundamentals are good and it appears undervalued Technically near long term support level and has 2x bullish harmonic patterns being a bullish bat and a bullish anti shark These patterns complete at different levels being $0.40c and $0.205c Clearly I prefer $0.205 with oversold indicators as well but this may or may...
FNMA daily update Government has determined a path to release from conservatorship, if this happens then this stock will be relisted and be worth a lot more than the current value At present the stock is nearing a short to medium term resistance level using elliot wave and fibonacci/ harmonics between $4.62 and $4.69 There is a clear crab pattern that aligns...
Thought I would revisit Deep Yellow DYL ASX stock again to see where we are at This stock follows Elliott wave and fibonacci levels very well and was a 500% trade for me from $0.30 up to $1.50, there are multiple posts I created about it along the way The stock itself is in a long term holding pattern as it is unlikely to become profitable in the next 1-2...