ASX:MVF - 15 AUG, 2025 ELLIOTT WAVE ANALSYSISConclusion: Wave 3))purple is moving higher.
Key Points: Since 0.535 wave 3)) is moving higher, targeting the nearest target at 1.525. And wave 1-red may end then, and wave 2-red will unfold to move a little lower. Finally, wave 3-red may move higher, completing its role.
While price must remain above 0.535 to keep this Bullish view valid.
©By Hua Chi Cuong (Shane), CEWA-M
ASX:S32 - 15 AUG,2025 ELLIOTT WAVE ANALYSISConclusion: Wave count is reconstructed to maximize the forecast probability. Wave 3))-purple can move up, but needs to move higher to confirm.
Key Points: Wave 2))purple ended at 2.47, and then wave 3))purple is moving higher, if this is true, this stock could be headed to 8.00 - 10.00. But price action needs to move higher above 3.78 to confirm and maximize the weight and confidence for this view.
While price must remain above 2.47 to keep this Bullish view valid.
©By Hua Chi Cuong (Shane),
ASX LIMITED: 15 AUG, 2025 ELLIOTT WAVE ANALYSISConclusion: Bearish pressure is increasing, wave C)-blue is likely pushing lower.
Key Points: Wave C)-blue is moving lower, targeting 48.12. While price must remain below 73.88 to remain bearish.
On the other hand, when price action moves above 73.88, it is directly suggesting that wave 3)-purple is moving much higher at that point.
©By Hua Chi Cuong (Shane), CEWA-M (Certified Elliott Wave Analyst - Master Level).
Nanocap Precision: FOS Poised for Price Discovery?FOS Technical Outlook: Momentum Meets Structure
FOS is showing strong bullish structure, currently trading above previous all-time highs (ATHs). The April retest of the macro 50% level was textbook: a deep wick into support followed by a hammer close, signaling aggressive absorption and buyer intent.
Price is now attempting to form a higher 2-bar swing low, which—if confirmed by a clean break of the ATH—would reinforce the uptrend and validate continuation.
Long Setup: Two Tactical Entry Zone
Buy CBA at 160BA is approaching a long-term horizontal support level at $160, which has acted as a strong floor multiple times in the past.
Technical View:
Support Zone: $160–$161 (historical demand zone since mid-2023).
Trend Context: Price has been in a sideways range between $160 and $175, consolidating after a strong rally earlier this year.
Indicators:
RSI currently in the mid-40s, suggesting neutral momentum but leaning toward oversold on shorter timeframes.
Volume picking up slightly near support
ASX:QBE - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 2))-purple is moving lower.
Key Points: Wave 1))-purple ended at the high of 24.20, wave 2))-purple is unfolding towards 17.38 - 17.50. So there is no convincing evidence of a developing Bullish trend, instead it shows a downward move of the market.
On the other hand, I would only reconsider the bullish market view if the market moves above 24.20 quickly enough, strongly enough.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
ASX:REA - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 4)-blue needs more time to complete, then wave 5)-blue can move higher.
Key points: Wave 4))-purple has finished at 62.05 and wave 5))-purple is moving higher. It is subdividing into wave 1)blue to wave 4)blue. Basically wave 4)blue is not completed, because there is not enough convincing evidence, it will probably last longer and develop as a Triangle. After we have more price action, we will know what it is trying to say, for now just wait.
Invalidation point: 180.67 (Wave 4
ASX:QAN - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave 5)-blue could move higher.
Key Points: Wave 4))-purple ended at 7.55 and wave 5))-purple has been moving higher since then. It is subdividing into wave 1)-blue to wave 5)-blue. Now wave 5)-blue is extended and subdividing into wave 1-red to wave 3-red.
Basically its wave 3-red will move higher, targeting targets around 11.90 - 12.68.
While price must remain above 10.63 to keep this Bullish view valid.
ASX:PLS - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Short-term, wave 2-red is moving lower.
Key points: Wave 2)-blue has ended at 1.070 and wave 3)-blue is moving much higher. It is subdividing into wave 1-red, which has just completed. Wave 2-red is now probably unfolding to push lower, targeting a low around 1.710.
So short-term, this stock is moving lower. Medium-term, it has a lot more to go.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
ASX:ILU - 13 AUG, 2025 - ELLIOTT WAVE ANALYSISConclusion: Wave III-green could be moving higher.
Key takeaways: Wave II-green ended as a Double Zigzag at 3.14. Wave III-green then moved higher, targeting the nearest target at 12.83. While price must remain above 3.14 to keep this bullish view valid.
©By Hua Chi Cuong (Shane), CEWA-M | Certififed Elliott Wave Analyst - Master Level
Break out?The chart shows James Hardie Industries (ASX: JHX) breaking out of a symmetrical triangle pattern after a period of consolidation.
Breakout confirmation: Price has moved above the upper trendline with increasing momentum, signalling potential bullish continuation.
Fibonacci targets: Initial resistance levels are at 46.19 (Fib 0.618), 47.38 (Fib 0.5), and 48.56 (Fib 0.382). The major resistance sits near 50.02 before the prior high at 52.39.
Upside potential: If the breakout holds, the meas
EOS retesting all time high or retrace?Safe move would be to take profits on this one up 10x from its low.
That volume profile has definitely changed though indicating institutional investment and with the room to run on MACD holding to retest all time high has its merit.
Watch me bag hold this forever
Bearish potential detected for SUNEntry conditions:
(i) lower share price for ASX:SUN along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $20.46 (open of 19th May).
Stop loss for the trade would be:
(i) above the potential prior resistance of $21.36 from the open of 5th June, or
(i) above the high of the recent swing high once the trade is activated (currently $22.14 from the high of 1st July), depending on risk tolerance.
Bearish potential detected for AGLEntry conditions:
(i) breach of the lower confines of the Darvas box formation for ASX:AGL
- i.e.: below low of $9.84 of 7th April, and
(ii) swing increased bearishness of indicators such as DMI/RSI along with a test of prior level of support of $10.02 from 11th March.
Stop loss for the trade (based upon the Darvas box formation) would be:
(i) above the high of 10th April (i.e.: above $10.89), or
(ii) above the prior support level from the open of 10th January (i.e.: above $11.15), depending
Bullish potential detected for ORGEntry conditions:
(i) breach of the upper confines of the Darvas box formation for ASX:ORG
- i.e.: above high of $11.69 of 16th June (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 26th June (i.e.: below $10.62).
DAILY TRADER’S PLANNER🌅 MORNING PREP
⏰ 6:00 a.m. – 6:45 a.m. | Ground the Mind
Light movement / stretching / walk
20–25 min mindfulness meditation
5 min breath journaling:
My emotional tone this morning
Any lingering bias, fear, or excitement from yesterday?
What does a calm, rule-following day look like?
🧠 Anchor Phrase:
“I will execute my edge with clarity, not with hope.”
🧠 MARKET PREP
🕕 6:45 a.m. – 7:30 a.m. | Systems First
Review open trades: still valid per system?
Check watchlist: any pot
ASM -Australian Strategic MaterialsPromising.
Now word to say yet but very promising.
This is the key and solution to get away from China and balance the supply of Lithium and Rare Earth Materials.
ASM have signed production with Korea.
Korea has a significant influence in production of Samsung phone and EV cars around the world.
all we need is first production and BOOM
BRN - brainchipBRN have been a problem child for many traders and investors after it surge on price its now down to ground. Don't get your hope disappear yet as things about to change and happen very rapidly.
Wit the development of AI. Akida is BRN flagship which may contribute to enhance security by using this on their defense in Drones.
This is also important in ensuring low cost energy as its using efficient energy.
Things will change just hang on there and everything will become bullish.
Beach Energy (BPT.ASX): Long-Term Compression Near Historical Su📚 Description
This monthly chart of Beach Energy (BPT.ASX) reveals a multi-decade compression pattern forming near historical support levels. With price currently at 1.140 AUD, the setup invites a macro-technical perspective for long-term positioning.
🔍 Key Observations
• Historical Range: Since 1991, BPT has oscillated between deep cyclical lows and explosive rallies, often tied to oil price cycles and domestic energy policy.
• Compression Zone: Price action since 2011 shows tightening volat
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.
L
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.























