Page 22 | Ideas and Forecasts on Stocks — Australia — TradingView

RZI Bullish Breakout The 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 b

by entryspecialist

Potential outside week and bullish potential for PRN Entry 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.

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 vol

by Gihanhemachandra

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

by Trading_Matrix

QANTAS Long QAN is now net long on the regression break. I am not taking this trade.

by Rowland-Australia

STP SHPRT M,EDIUM LONGER TERM LIKELY STARTING POINT Hey people, Weekly setup, buys, likely beginning of impulse to the upside

by Trading_Matrix

Proteomics International Laboratories Ltd Proteomics 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.

by Mahdi_Fardadophar

Proteomics International Laboratories Ltd Proteomics 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.

by Mahdi_Fardadophar

Vys long Potential 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.

Bearish potential detected for BAP Entry 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.

Bullish potential detected for HDN Entry 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).

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 g

FMG - complete correction - trend continuation Hey 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)

by Trading_Matrix

Conservative 630% upside for Horizon Minerals Hello 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 = A

DVP chat with ASX and Craig Tapping has had a wave 1 accumulation on the monthly, loving this for a buy whilst in wave 3 now!! DVP Moon!

DVP chat with. ASX and Craig DVP chat with. ASX and Craig discussing the potential of DVP to moon!@ it has had a accumulation that is setting it up to rocket!

Potential outside week and bullish potential for CQR Entry 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.

ASX on Watch Looking 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

by PennantTrading

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.

by INSIDER_INTEL

potential start of the upside... page 4 hey 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

by Trading_Matrix

QANTAS Short QANTAS is now net short on the regression break. I am considering this trade with limited risk allocated.

by Rowland-Australia

SBM Bullish to fill the gap Technical Commentary – SBM (St Barbara Limited) SBM has formed a textbook double bottom pattern, confirming a bullish reversal from prior downtrend conditions. The price action has since broken above neckline resistance and is now trending within a well-defined rising channel, supported by increasing volume and aligned moving averages. The stock is currently targeting the next major supply zone around 44c, where a previous gap remains unfilled. The recent wave structure suggests a classic Ellio

by Bipolar_trader

$DTR. Retraced down from .17, good buying in the 7’s 8’s and maybe 9’s for another crack ?

by ToddBoniface

CYC REVERSAL IMMINENT Hey people, looking at this as a complete pattern and reversals to the upside to be the next phase after this meta push to the downside fyi im already in

by Trading_Matrix