IPB - volume breakout LONGBroken out of 2 year trend on volume now looking to backtest area.
Awaiting news
I
AMP(ASX) Monthly ChartDoubling up on my prior post,
The quarterly and the monthly chart both have the same 2618 pattern present
If today closes where it is we will have the same bullish pattern on 2x timeframes both with bullish hammer patterns present
Long
buying a pull backOBM explorer has had a nice run and now has pulled
back which gives us the opportunity to make an entry
.59 looks supportive and I will buy some there.
Currently price holding at 50% fibonacci level
which means it could bounce from this area.
Long
RZI Bullish BreakoutThe price is currently testing resistance around 0.63, after rising from 0.575. The volume profile indicates high activity around 0.58-0.62, showing strong interest.
The EMAs reflect a bullish shift, with the 20 EMA approaching a crossover above the 50 EMA.
After a period of squeeze inside the triangle, the bands are beginning to open.
The RSI is neutral to bullish, trending upward around 50. Overall, the chart suggests a potential breakout. No clear over-bought yet, there is room to run if bulls stay in control.
Key Scenarios
Bullish Breakout: A daily close above the red trendline + A$0.63–0.65 resistance zone would confirm.
First target: A$0.70–0.72 (next volume-profile “valley” and previous swing highs)
Secondary: A$0.80+ (upper Bollinger band confluence from the Feb top)
False Break / Rejection:
Look for a swift pullback into the green ascending line (~A$0.60) or the broader support box around A$0.57–0.58.
Watch EMAs for signs of rolling over (20 EMA crossing back below 50 EMA would turn neutral-to-bearish).
Long
Potential outside week and bullish potential for PRNEntry conditions:
(i) higher share price for ASX:PRN above the level of the potential outside week noted on 2nd May (i.e.: above the level of $1.38).
Stop loss for the trade would be:
(i) below the low of the outside week on 28th April (i.e.: below $1.29), should the trade activate.
Long
Trade Idea: WES.ASX – VCP Breakout Play (Buy Setup)🔹 Entry:
✅ Bought @ $85.45
📍 VCP-style setup with tight consolidation above 21EMA/50MA
📈 Early signs of breakout with volume confirmation
🔹 Stop Loss:
🚨 Initial Stop @ $81.56 (Below supertrend support)
⚖️ Risk defined at ~4.6% from entry
🔹 Target Zones:
🎯 T1: $89.30 (1R)
🎯 T2: $91.80–92.50 (2R zone & prior resistance extension)
🔹 Technical Notes:
• Strong uptrend intact
• Supertrend, 21EMA, and 50MA all stacked bullish
• Recent consolidation near highs = strength
• Clean structure with volume dry-up prior to breakout
• RSI holding above 50, MACD positive crossover
🔹 Trade Management Plan:
• Take partial profits at +1R (~$89.30)
• Move stop to breakeven after 1R achieved
• Trail remainder using short-term moving average or price structure
🧠 Context:
WES shows strong leadership within ASX discretionary retail. This breakout could signal the next leg higher if volume expands and price holds above $85.60–86.00.
🔔 Watching for breakout continuation above $86.50 with strength.
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.
Long
FMG long setups buy now target to break previous top!!Hey people,
FMG has completed a running flat, all buy setups are now viable, purchase when entry critierias are met
Long
Long
STP SHPRT M,EDIUM LONGER TERM LIKELY STARTING POINTHey people,
Weekly setup, buys, likely beginning of impulse to the upside
Long
Proteomics International Laboratories LtdProteomics International Laboratories Ltd receives approval for the world first patent for a proprietary blood test innovation for early detection of endometriosis, as the stock price reaches the control point and the bottom of the descending channel.
Long
Proteomics International Laboratories LtdProteomics International Laboratories Ltd receives approval for the world first patent for a proprietary blood test innovation for early detection of endometriosis, as the stock price reaches the control point and the bottom of the descending channel.
Long
Vys longPotential long buying opportunity on Vys. Fourth push up looking to breakout of the wedge consolidation pattern, short term Ema all converging and volume starting to increase into what should hopefully be a strong 2h earnings report. There has been strong buying from its recent low of 0.34c qll the way up to 0.48c and holding at 0.45c. RSI sitting at around 50 has it sitting currently neutral if it starts to pick up hopefully that will confirm the breakout. Buying at 0.45c with a stop loss at 0.42c with a target of 0.52c offers a 3:1 risk reward.
Long
Bearish potential detected for BAPEntry conditions:
(i) lower share price for ASX:BAP along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $4.82 (close of 18th June).
Stop loss for the trade would be:
(i) above the high of the recent swing high once the trade is activated (currently $4.92 from the high of 19th June), or
(ii) above the prior resistance zone of $4.87 from 8th November 2024, depending on risk tolerance.
Short
Bullish potential detected for HDNEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:HDN
- i.e.: above high of $1.31 of 9th May (most conservative entry), and
(ii) swing up of indicators such as DMI/RSI along with a test of prior level of resistance of $1.31 from 31st October 2022.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) below the support level from the low of 15th May (i.e.: below $1.24).
Long
APX Rebound in Play?📈 “APX Rebound in Play? Eyeing the AUD 1.55 Resistance”
Appen (APX) has shown a significant uptick today, closing at AUD 1.040 (+5.58%) with a sharp volume spike (8.96M shares) that could suggest accumulation. After a long downtrend, price appears to be consolidating above key support near AUD 1.00, forming a potential base for reversal.
🔍 Chart Highlights:
Support Zone: AUD 1.000 – strong historical level holding.
Resistance Targets: → AUD 1.555 → AUD 1.655 → AUD 1.785
R/R Setup: Defined green zone shows potential upside if momentum continues; red zone clearly marks invalidation below support.
🧠 Thesis: If APX maintains momentum and holds above AUD 1.00, we may be witnessing a structural shift with upside potential toward AUD 1.78 in stages. Breakout traders might watch for confirmation via volume and price action at each resistance.
💬 “Could we be looking at an early-stage reversal or just a dead-cat bounce? Watching the 1.00 level closely.”
#ASX #APX #APPEN #MJTRADING #TRADING #SHARE #STOCKMARKET #BUY #CHART #MONEYMANAGEMENT
Long
FMG - complete correction - trend continuationHey people,
looking at this as a complete expanding flat, with the most recent piece being an impulse and 123 (sharp waves) running flat with the reversal beginning now (potential RSI entries)
Long
Conservative 630% upside for Horizon MineralsHello and thanks for viewing.
I tend to write a lot. My valuation is based on a few assumptions;
- There are no new material ore discoveries as extraction progresses,
- The gold price doesn't rise over time,
- The miner will have the 'average' profitability of gold miners of 11% (I use 10%),
- The miner will be fairly but not excessively valued vs its earnings. I used a PE ratio of 20, which is pretty normal.
Reserves are over 1.8 million ounces x AUD4539/oz = AUD8.17B / 25 year mine life = AUD326m a year. At 10% EBIT this is AUD 32.6m in earnings per year. If valued at a PE ratio of 20, this would give the mine a value of 653.6m. The current Market Cap is AUD103m (up 53% in the past month) so a 6.3x of the current price is $0.456.
I have already bought in and am up 46% in a week :) so WHEN we hit $0.45 that is a 9.5x gain for me. I might sell 50% then, not sure, depends on how much positive news accumulates up until that point.
Just sharing my method. I feel it is easy to apply, is sufficiently conservative, not too naive. Oh, I don't trade short-term. I have found that short-term trading only makes money for brokers and dramatically increases risk. I find a share that I am comfortable offers a large margin of safety, if the price goes down after I buy in, I am happy, especially if I can add to my position.
HLong
DVP chat with ASX and Craig Tappinghas had a wave 1 accumulation on the monthly, loving this for a buy whilst in wave 3 now!!
DVP Moon!
Long
DVP chat with. ASX and CraigDVP chat with. ASX and Craig discussing the potential of DVP to moon!@
it has had a accumulation that is setting it up to rocket!
Long
Potential outside week and bullish potential for CQREntry conditions:
(i) higher share price for ASX:CQR above the level of the potential outside week noted on 6th June (i.e.: above the level of $4.10).
Stop loss for the trade would be:
(i) below the low of the outside week on 2nd June (i.e.: below $3.91), should the trade activate.
Long
ASX on WatchLooking to buy the pullback/retest under $68
Why:
Looking for bounce off demand zone, $67.50 - $68
1.618 fib extension lines up with demand zone
Head and shoulders pattern is forming. Not a good time to go long
Long
High Dividend Stock on the Move? COH – Eyes on 351.51 Cochlear Limited (ASX: COH) is showing strong bullish potential after price tapped into a respected Monthly Order Block (OB). This region aligns with a historically strong demand zone, offering a prime entry opportunity for longer-term investors and SMC traders alike.
From a Smart Money Concept (SMC) perspective, the structure remains bullish:
- Price swept a low into the Monthly OB, indicating engineered liquidity grab.
- The reaction shows strong displacement to the upside, validating the OB.
- Volume also suggests institutional interest at this level.
- There’s now a clean path toward Equal Highs at 351.51, a natural draw for buy-side liquidity.
With COH offering consistent dividend payouts, this could be a double win – capital appreciation + income.
🧠 As always: Do Your Own Research (DYOR).
Long
potential start of the upside... page 4hey people,
looking at the four hourly structure as a running flat with sharp a and c wave, i dont see this still continuing to the upside, strongly, if it retetests 3.27 strong potential for upside imminent haha
ILong
