rutt

rutt Updated 

Not my fav set up here but looks a fairly high probabilty trade. Technicals - Ascending triangle formation, entry on triangle break with bullish candle confirmation. Fundamentals - materials sector is expected to get plenty of activity from various government stimuli, plus, low interest rates environment is beneficial. Additionally, the market expected a much...

rutt

Consensus is the market in AUS is going ahead for 21. With that in mind, If the XJO is going to keep on keeping on the banks are going to have to get bullish. With an obvious bull flag in the NAB chart it may be worth a punt. Technicals - Bullish Flag, enter on bullish candle breakout. Fundamentals - Housing in Australia is picking up again. Talk of the...

rutt

City Chics Online penetration is likely to contniue for the forseeable (21) (covid environment). Technicials - Bullish flag, enter bullish candle confirmation breakout. Key Fundamentals - being a leader in the digital space + latest aquisition is leading to broader product offerings. Strong cash position.

rutt

Technicals - Nice breakout of bullish flag. Fundamentals - QLD property is forecast to rise.

rutt

The overall market has been extremely bullish in the later part of 2020, however, MACD bearish divergence is starting to present. I'm thinking that this suggests that the trend may slow leading into 2021 or a bearish move is on the cards at some point. Will watch closely. A similar divergence persisted in 2019 and into early 2020 which resulted in the bearish...

rutt

Key Techincals - Bullish flag, entry in on flag break or highest probabilty is to jump in on the break of the 18th Nov high. Key Fundamentals - Horticulture has become Australia's fastest-growing agriculture sector, opening more opportunities as a result. Australian horticulture has taken the number one growth spot in agriculture with a 40 per cent rise in...

rutt

One to keep an eye on. Looks to be a very obvious/classic elliott wave formation in the XERO chart. The wave 5 formation has started to go a little parabolic of late which suggests an A-B-C correction is now a fairly high probability. As much as I like XERO'S fundamentals, might be best to be patient here.

rutt Updated 

Key Techincals - High probabilty asc triangle formation. Key Fundamentals - minerals exploration likely one of the key sectors that drives international post covid growth + cutting edge cloud based software allowing clients to make more real time actionable decisions.

rutt Updated 

REA Technicals = high probability - I'm looking to enter on the ascending triangle breakout. REA Fundamentals = lower probability - major cv19 head winds are incoming, but, I'm thinking the market takes an educated punt that any further real estate weakness will be meet with larger incentives/stimulus. This will likely lead to a bullish REA share price.

rutt Updated 

High probabilty trade here. On the technical side the FCX chart is showing a bullish ascending triangle, whilst on the fundamental side FCX's primary product both copper and gold continue to be very bullish . Should be some tailwinds with recent market volatility and possible rotation over the next little bit as well.

rutt Updated 

Classic bullish flag forming in the Cynata Therapeutics chart. Not the best time for the technicals to line up as far as the overall market in concerned, but this looks to be High probabilty trade on the back of their cv19 tailwinds/fundamentals as they turn their attention to virus treatments (cv19). Currently recruiting for human trials. Waiting for the break...

rutt

Techincals - Bullish flag pattern has formed, I'm waiting to enter once uptrend continues outside of flag, or bullish candle confirmation. Fundamentals - Some new/key product offerings - reported major overhaul via a partnership with Tesco. The TRS growth story could be just starting and ripe to take off. Additionally, the last time we headed into this type of...

rutt Updated 

Key Technicals - flag/ascending triangle, entry on breakout. Key Fundamentals - the Australian Government’s Medical Research Future Fund (MRFF) through the Biomedical Translation Bridge (BTB) program is supporting development and clinical evaluation of DMX-200 as a new treatment for respiratory complications as a result of COVID-19 in global clinical study with a...

rutt Updated 

Technical looking very strong leading into earnings. Additionally, fundamentally BHP will be paying healthy dividends and benefit from be in the right part of the resource cycle. For example, Iron ore is now virtually back to GFC price highs.

rutt Updated 

From a technical point of view the RBL chart has a bullish ascending triangle breakout. From the Fundamental side the CV19 tailwinds are extreme for RBL with the online retail. Additionally, the most recent report highlight being sales of 26 million in masks, you would think that trend continues to grow for the forseeable.

rutt Updated 

Technicals - High probabilty bullish flag formation. Fundamentals - record inflows continue and are likely to keep going/growing in this environment.

rutt Updated 

WZR looks to be in a solid up trend and a bullish Triangle formation has presented. Additionally, WZR fundamentally likley has a number of opportunities to partner and jump on the back of the BNPL tail winds.

rutt Updated 

Technicals - Bullish flag leading into ex dividend date. Fundamentals - cv19 tailwinds to contunue for the forseeable & should continue to provide top line growth.