buy the lower bound support levelsVAU has been trading in a range and has formed a rising wedge pattern as shown by the trend lines I have drawn. Resistance level is clearly defined with 3 tops and the lower band is not as clear but take a punt on the support level holding.
Gold miners have sold off in the last months while gold has gone sideways. Gold Silver ratio showing a breakout is imminent and the bank shares look overstretched. More loans need to be taken out therefore more migrants are required to take out loans.
Loans for speculation always leads to the same result. This Mississippi bubble will dwarf the one in France.
Bullish potential detected for TLCEntry conditions:
(i) higher share price for ASX:TLC along with swing up of the DMI indicators and swing up of the RSI indicator, and
(ii) observation of market reaction at the support/resistance level at $5.31 (from the open of 12th May).
Stop loss for the trade would be, dependent of risk tolerance (once the trade is activated):
(i) below the support level from the open of 21st November (i.e.: below $5.05), or
(ii) below the recent swing low of 3rd June (i.e.: below $4.96).
Potential outside week and bullish potential for CXOEntry conditions:
(i) higher share price for ASX:CXO above the level of the potential outside week noted on 27th June (i.e.: above the level of $0.1025).
Stop loss for the trade would be:
(i) below the low of the outside week on 20th June (i.e.: below $0.083), should the trade activate.
Dronesheild flagDRO is forming higher high and higher low.
the price significantly fly and move so far in such away that it cannot stop
however like anything it has its end.
this DRO will now form a flag.
This is the anonymity and uncertainty of the DRO in the future but it will be fueled with war again once its broke out.
Be ready and Prepared and always look on the higher time frame
IPH 40% move coming?IPH has recently emerged from a descending wedge pattern, supported by bullish divergences in both the RSI and OBV, along with several divergences observed in shorter time frames. A pullback to the $5 level is anticipated, as the stock appears weaker on these smaller time frames. If IPH can maintain its position above the recent low of $4.40, it will indicate a structural shift, establishing higher highs and higher lows. My initial target is in the $6.50 range, followed by a potential move just above $7, representing a 40% increase. Good luck and happy trading 🍀
Bullish potential detected for WDSEntry conditions:
(i) higher share price for ASX:WDS along with swing up of the DMI indicators and swing up of the RSI indicator, and
(ii) observation of market reaction at the support/resistance level at $24.87 (from the open of 14th February).
Stop loss for the trade would be, dependent of risk tolerance (once the trade is activated):
(i) below the support level from the open of 15th July (i.e.: below $23.95), or
(ii) below the recent swing low of 30th June (i.e.: below $23.24).
NOTE: Positive momentum move on 23rd July already in play (suggested not to chase this initial move and await a retracement back towards the support/resistance level of $24.87 and observe the market reaction - potentially overbought with resistance above current price area of $26.20 as at 25th July). If the move keeps going, let it go.
Potential outside week and bearish potential for HCWEntry conditions:
(i) lower share price for ASX:HCW below the level of the potential outside week noted on 4th July (i.e.: below the level of $0.72).
Stop loss for the trade would be:
(i) above the high of the outside week on 30th June (i.e.: above $0.785), should the trade activate.
Bullish potential detected for MTSEntry conditions:
(i) higher share price for ASX:MTS along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the recent swing low of 6th May (i.e.: below $3.21), or
(ii) a close below the 50 day moving average (currently $3.16), or
(ii) below the support level from the open of 11th April (i.e.: below $3.12), depending on risk tolerance.
Bullish potential detected for BOQEntry conditions:
(i) higher share price for ASX:BOQ along with swing up of indicators such as DMI/RSI.
Depending on risk tolerance, the stop loss for the trade would be:
(i) a close below the 50 day moving average (currently $7.83), or
(ii) below previous swing low of $7.69 from the low of 23rd June, or
(iii) below previous support of $7.60 from the open of 12th May.
Bullish Cup and Handle setup for Arafura Rare EarthsARU is setting up beautifully with a classic cup and handle formation on the daily chart. This is a well-defined bullish continuation pattern with strong convergence across technical indicators, price action, and volume structure.
Key pattern breakdown :
- Rounded cup base formed over April–June.
- Price rallied into resistance (~0.22-0.23c AUD), forming the right side of the cup.
- Currently in a healthy pullback phase, building the handle.
Watching for support at 0.195–0.200 to hold, which aligns with:
38.2–50% Fibonacci retracement
Mid-Bollinger Band
High-volume node on the visible range volume profile
RSI remains in a bullish uptrend, now cooling off and testing trendline support.
Buy Idea: CPU.ASX – Earnings Momentum PlayEarnings Date: 📅 19 August 2025
📊 Technical Setup
• CPU is forming a tight volatility contraction pattern (VCP) near highs, coiling above the 21EMA and 50MA.
• Strong bounce off support with increasing volume and bullish momentum crossover.
• Setup has clear risk-defined structure and is supported by a solid base breakout.
• MACD turning up, and trend indicators flashing early long signals.
💡 Why This Trade
• Pre-earnings positioning: CPU tends to trend strongly into earnings — historically sees strength 2–4 weeks out.
• Volume confirming the move: Last few candles show institutional footprints with demand near $40.
• Fundamental kicker: As a financial services platform, CPU benefits from a rising rate environment and high transaction volumes globally.
📈 Trade Plan
• Target 1 (1R): $44.16 – consider trimming 1/3
• Target 2 (2R): $46.81
• Trail remaining if breakout extends into earnings
📌 Risk Note: Trim or reduce if it loses $40.00 on high volume. Will reassess before earnings.
DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such. Risk Management is Your Shield! Always prioritise risk management. It’s your best defence against losses.
AW1 analysisIgnore the below write-up and watch the video.
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ZIM 40% move up
ZIM has broken out of a descending wedge with bullish RSI and OBV divergence, also multiple divergences on smaller time frames. On the hourly it's had a pull back and formed a bull flag that it has also broken out of. ZIM looks to have formed a change of structure forming higher highs and higher lows, my first target will be $22.90 a move of 40%. Definitely one to consider. Good luck and happy trading 🍀
FFM -- ASX – Breakout Consolidation in Focus
📝 Description
Firefly Metals is setting up a classic breakout continuation scenario after reclaiming the $1.00 psychological level and breaking the long-term trendline resistance.
🔹 Key Observations:
• Trendline Break: The descending trendline from the prior high was decisively breached, signaling a structural shift.
• Accumulation Zone: Price has consolidated in a tight range above $1.00, forming a bullish flag or box accumulation.
• EMA Cluster Support: Both the 15 and 60 EMAs are aligned below the consolidation, providing dynamic support.
🔹 Potential Scenarios:
✅ Bullish Continuation:
A clean breakout above the top of the blue box could trigger a momentum rally toward $1.30 and ultimately the $1.38–$1.50 resistance levels.
✅ Deeper Pullback:
If price loses the $1.00 support decisively, a retracement to retest the breakout base is possible.
Trade Plan:
I am monitoring for a confirmed breakout candle with volume expansion to validate the continuation thesis.
• Entry trigger above the range high ($1.10 area)
• Stops below recent swing low / $1.00 level
• First target: $1.30 resistance
As always, risk management first—no breakout, no trade.
#MJTrading
#FFM #FireflyMetals #ASXTrading #BreakoutSetup #TechnicalAnalysis #PriceAction #TradingPlan #ChartOfTheDay #AustralianStocks #MomentumTrading #MJTrading
Potential outside week and bearish potential for TLXEntry conditions:
(i) lower share price for ASX:TLX below the level of the potential outside week noted on 2nd June (i.e.: below the level of $24.91).
Stop loss for the trade would be:
(i) above the high of the outside week on 5th June (i.e.: above $27.40), should the trade activate.
Important note for the trade:
- Observe market reaction at two key areas illustrated in the chart above, should the trade activate ($24.79 and $24.47), which could act as support against the short trade.
How to Use TradingView Alerts to Catch Momentum Shifts Here’s a quick video on setting alerts in TradingView.
I use alerts for stocks I’m interested in but want to give more time to set up. Instead of using a basic price alert, I prefer setting alerts on MACD crossovers to signal when momentum is shifting back in my favor. As a rule of thumb, the deeper the crossover, the better the value and potential momentum. Crossovers below the MACD zero line are particularly useful, especially for stocks that had strong momentum and were making new highs before pulling back.
This approach helps confirm that the stock has had time to build a solid base before I enter. TradingView will then send me an email alert or play a chime if I have it open, letting me track multiple stocks and setups without constantly checking charts. It’s also great for monitoring take-profit and stop-loss levels.
You can apply the same strategy with nearly any indicator on TradingView to time your entries and exits with more confidence.






















