BHP Group Strikes Back in the Copper Battle
Ion Jauregui – Analyst at ActivTrades
BHP Group (ASX: BHP), the world’s largest mining producer, has reignited its push to acquire Anglo American (LSE: AAL), just months after the latter agreed to merge with Canadian Teck Resources (TSX: TECKb). The move comes as no surprise: copper has become the “star metal” of the energy transition, and whoever controls future supply will dominate much of the industrial pulse of the next decade. BHP’s interest is clear. If the deal goes through, the compa
NAB topped out. let it fallNAB and the other 3 banks
have topped out and reached resistance levels.
CBA will lead the pack lower and has broken
a up trend support line already. insiders are
selling in the past month. People needing 2 million to buy a average house is unacceptable and the market has been broken for decades but has reached the point of revolt. The government sponsored housing bubble will need new money
to inflate it higher. Can this be done without
having a loaf of bread costing $50?
All popular delus
Bullish potential detected for NUF (reversal of bear Darvas box)Entry conditions:
(i) higher share price for ASX:NUF along with swing up of indicators such as DMI/RSI after the binary earnings event on 19th November,
(ii) $2.24 for aggressive entry / $2.27 for conservative entry.
Stop loss for the trade would be below the prior swing low of $2.04 from 10th November.
Potential outside week and bullish potential for TLSEntry conditions:
(i) higher share price for ASX:TLS above the level of the potential outside week noted on 7th November (i.e.: above the level of $5.02).
Stop loss for the trade would be:
(i) below the low of the outside week on 3rd November (i.e.: below $4.81), should the trade activate.
Potential outside week and bullish potential for A1MEntry conditions:
(i) higher share price for ASX:A1M above the level of the inside week following the potential outside week noted on 17th October (i.e.: above the level of $0.47).
Stop loss for the trade would be:
(i) below the low of the inside week on 22nd October (i.e.: below $0.415), should the trade activate.
ACW Bullish signals confirm breakout.Close above 200 day M.AvACW , trading on ASX, shows very strong momentum with a weekly close above the 200 day moving average. and now the second week closing above the long term down trend line.
The chart gap from Aug 2024 between 5.5 and 6.8 looks set to be closed.
Retracement target of 10 c should be met with further strength.
Volume ( not shown) has increased from a daily average of 3.5 million between June -October to 9 million per day in November fuelling this rally.
Fundamentals backing this re-rate/ Rally. Co
17-Year Reaccumulation Unfolding—Bullish Structure in Play*re uploaded chart as was deleted - nothing changed even after all the negative around BHP over the past week
BHP is setting up a generational move. After ~17 years of reaccumulation, price has carved out an uprise structure.
Currently, price is holding above the breakout zone, showing strong signs of absorption. Declining volume paired with heavy candle overlap suggests sellers are being absorbed and demand is quietly stepping in.
Scenario
• Entry: Begin layering now. Structure supports accu
DYL Price Scenarios: Bullish Reversal vs. BreakdownPotential Scenarios
Inverse head-and-shoulders on DYL is a downsloping pattern, weaker as a signal but still a potential bullish reversal. A close below 1.53 would invalidate the signal.
Scenario A — Likelihood 20%
A close above the neckline confirms. First target: 1.88 (gap fill), then 2.25 (second gap fill). If price resurges, aim to re-enter and reach the top of the upper parallel channel.
Scenario B — Likelihood 45%
Close below 1.53 confirms downside. Targets: 1.35 (gap fill back to June)
LTR long - entering yearly demand zoneDiscounted area ahead if l'm right. LTF TDA & informed buyers level coupled with fearful distressed sellers.
-will be looking for bullish and bearish PA over coming days looking at price behaviors
- semi neutral position atm until confluences with price are clear with multiple factors 'if and then' met.
Bullish potential detected for FBUEntry conditions:
(i) higher share price for ASX:FBU along with swing up of indicators such as DMI/RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the potential support level of $2.85 (from the open of 3rd November), or
(ii) below the potential support from the 4 hour support line of 13th October ($2.77).
Bearish potential detected for IELEntry conditions:
(i) lower share price for ASX:IEL along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $5.58 (open of 16th September).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $5.96 from the open of 2nd September, or
(ii) above the yearly anchored VWAP (currently $6.04), or
(iii) above the quarterly anchored VWAP (currently $6.19).
IFL c wave completionHey people,
Watch the clip.
Waiting for a c wave clip down then reversal signals and bar charts.
Regards,
Zakaria
I
CHN ready to runCHN has demonstrated encouraging developments after emerging from a descending wedge pattern, bolstered by a bullish RSI divergence and the formation of a bull flag on the hourly chart. Furthermore, the daily chart reveals hidden bullish divergence, complemented by support from a trendline established in July and a .05 Fibonacci retracement level. A decisive move above $2 would serve as a strong indicator of a structural shift, potentially paving the way for a more substantial upward trend. Good
Potential outside week and bullish potential for TPGEntry conditions:
(i) higher share price for ASX:TPG above the level of the potential outside week noted on 3rd October (i.e.: above the level of $5.19).
Stop loss for the trade would be:
(i) below the low of the outside week on 1st October (i.e.: below $4.96), should the trade activate.
Bearish potential detected for DGTEntry conditions:
(i) lower share price for ASX:DGT along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $2.76 (open of 2nd October).
Depending on risk tolerance, the stop loss for the trade would be:
(i) above the potential prior resistance of $2.92 from the close of 14th July, or
(ii) above the potential prior resistance of $3.14 from the open of 9th September.
Bullish potential detected for BOE (gap continuation)Entry conditions:
(i) higher share price for ASX:BOE along with swing up of indicators such as DMI/RSI (gap continuation play).
Depending on risk tolerance, the stop loss for the trade would be:
(i) below the previous potential support of $1.81 from the open of 29th October, or
(ii) below the low of the recent swing low of $1.775 of 29th October.
I like ZIP but staying out for now. I made this chart a while ago and it's played out pretty nice since ZIP took out that rising trend line. Problem with ZIP is there are gaps all over the shop and I would expect that August gap to be filled over the next few weeks. In saying that she's oversold and there was a nice reversing candle yesterday so may be due a bounce today back up towards $4. Made a lot of money on ZIP this year and long may it continue.
Potential outside week and bullish potential for AZJEntry conditions:
(i) higher share price for ASX:AZJ above the level of the potential outside week noted on 3rd October (i.e.: above the level of $3.28).
Stop loss for the trade would be:
(i) below the low of the outside week on 29th September (i.e.: below $3.17), should the trade activate.
Bullish potential detected for SGP (and potential outside week)Entry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:SGP
- i.e.: above high of $6.48 of 26th August (most conservative entry), and
(ii) swing up of indicators such as DMI/RSI.
NOTE: A potential outside week also exists for this trade - if preferred, await for trade above the high of the week ending 17th October (i.e.: above $6.56) for further confirmation.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level f
Bullish potential detected for QOREntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:QOR
- i.e.: above high of $0.705 of 14th August (most conservative entry), and
(ii) swing up of indicators such as DMI/RSI.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 5th September (i.e.: below $0.565).
QLong























