


The XJO chart has a bearish rising wedge formation that is coming to a cross roads. Looks like a break to the downside is highly probable leading into the end of the 20/21 financial year.
Key Technicals - Symmetrical triangle pattern suggesting there could be some nice upside in AD8 ( roughly 30%). Looking to enter a Breakout of triangle pattern. Trend to continue bullish if we break the high side. Key Fundamentals - Plenty of growth as AD8'S products are becoming more of a necessity rather than a luxury. asx.api.markitdigital.com
Bullish candle in the TLX chart today has got me interested in it again. The chart has a high probability bullish flag that looks a high probability opportunity. ATR is erratic the only concern. Entry: bullish candle break of flag with above average volume.
Technically Bap looks to have 20% upside. Plus solid fundamentals to add to the story. Key Technicals - looking to buy on breakout of ascending triangle with above average volume. Or throw back of breakout. Key Fundamentals - Growth internationally (TYE SOON aquisition) + New & used car demand remains strong, we are moving around differently than pre...
BKW looks a high probabilty trade here with limited down side. Technicals - Looking for trend continuation from throw back of the ascending triangle breakout + nice confluence with bull flag. Fundamentals - High demand this part of the cycle for building products + management whom have an outstanding track record of raising dividends will likely navigate the...
Key Technicals - Cup & Handle Pattern, buying on breakout of cup (above average volume) or retest of cup line as resistance becomes support. Key Fundamentals - Strong management along with one of the strongest balance sheets(ASX TOP 50) according to AFR.
Hub24 has a symetrical triangle formation that is ready to break out. Note: Hub has held up very well in the tech selloff (likely over) and with that in mind the breakout should be bullish & the trend is likely to continue.
The APT price action is desperately looking for support and a pretty obvious elliott wave ABC correction is in play. Chart is suggesting APT needs to hold this level or we could see further falls down to the $70 level or even lower. Also H&S pattern is in play. Just an observation take with a grain of salt.
What will happen in the week ahead for Z1P ? My guess is as good as yours, although I am leaning slightly to Z1P validating a counter trendline break as the money rotation slows. The 0.618 retracement has been respected as resistance a number of times inside the falling wedge, as a result the $8.50 - $8.70 is worth watching closely. Additionally, Z1P at the...
Key Technicals - Bull flag, buy on bullish candle breakout of flag. Key Fundamentals - Expecting 50% revenue growth + Rotation of money into recovey stocks + Leading innovation in the payments space. www.asx.com.au
Technicals - Bullish falling wedge + Z1P has retraced to the 0.618 level from the February bullish run. Looks a high probabilty trade to get in on the counter trendline break of the falling wedge. Bullish candle entry.
Volume divergence indicating (high probabilty) that we may have a cheaper REA share price soon. I'm eyeing the high 120's to low/mid 135's as support and a potential entry.
As parabolic as the chart looks the Current Crypto bull run (in % terms) is equal to only approx 33% of the 2017 bull run. We could still have a fair way to go.
Technicals - Chart suggests Humm looks ready to jump on the back of the momentum in the BNPL space (ZIP, APT etc). Looking for a break through resistance with a bullish candle which lilkley results in the resistance becoming strong support. Looks a good risk reward trade.
Key Technicals - Bullish Flag, Buy on green candle breakout of flag pattern. Key Fundamentals - With the crypto space going ape and as it continues bullish perhaps some of the profits are funneled back into TSLA along the way.
Ive been looking for a high probabilty/good spot to trade TLX. Has been showing up in my scans for a while. This looks like the opportunity. Still only 1 billion market cap and has loads of potential. Technicals - Bullish flag + acscending triangle pattern. Entry - Bullish candle breakout of flag/triangle pattern. Fundamentals - Cutting edge of significant unmet...
Very obvious H&S pattern formation in the CGC chart. If the neck line breaks CGC may head a fair bit lower. Interestingly, CGC, also peaked & started heading down after this ASX announcement: cdn-api.markitdigital.com make of it what you will.
Nice looking chart. Moving on strong volume. HTG is Still a relatively small market cap which could easily grow earnings quickly, particularly if the CV environment persists. Expecting continuation of bullish trend. Key technicals - Breakout of wedge and all time high which likely acts as strong support moving forward. Key Fundamentals - Leading Remote IT...