Short Commonwealth Bank of Australia at 156.25 Target 132Hello Followers
Id like to take another shot at shorting CBA here due to the interesting risk reward setup.
I had failed trying to short this once in the 130's and have been patient waiting for another setup.
Fundamental Reasons:
-Potential rolling over of the Australian housing market.
-Extremely high valuation
Technical reasons:
-False Breakout above the 162 level that got heavily sold
- So far the retracement bounce has hit the 1st Fib level at 156ish, bringing about a great risk rewa
Bullish potential detected for AIZEntry conditions:
(i) higher share price for ASX:AIZ along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 29th November (i.e.: below $0.51), or
(ii) below the support level from the open of 7th November (i.e.: below $0.49), depending on risk tolerance.
Potential outside week and bullish potential for HLIEntry conditions:
(i) higher share price for ASX:HLI above the level of the potential outside week noted on 17th January (i.e.: above the level of $4.65).
Stop loss for the trade would be:
(i) below the low of the outside week on 13th January (i.e.: below $4.44), should the trade activate.
ALC Turn around playALC Potential turnaround play, Looks to have set a base and now to have broken out on a 10 year contract announcement. Second time it’s been above the 50day ema and now the 100 day ema, Lots of buying volume recently. Resistance at 0.130 and 0.170
Speculative buy at the market or wait for a pullback to the breakout point.
PTM Platinum Asset Mgmt (ASX) Monthly 2Monthly chart has clear 5 wave move into longer term bullish fibonacci cluster level
This stock has taken a battering over the last few years and recently there is a monthly spinning top outside of the bollinger bands and a gap on the weekly at $1.05, so there is at least 25-30c to close this...
I'm looking at the longer term bullish bias, so wont be trading this as a short to medium term trade...
Full disclosure... I already have a position in this stock within the last month or so
PLong
PTM Platinum Asset Mgmt (ASX) Monthly Long term butterfly pattern on the Monthly
Hit long term fibonacci cluster,
I've already bought this as a long term position
PLong
COL - 4 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
Bearish potential detected for IREEntry conditions:
(i) lower share price for ASX:IRE along with swing up of the DMI indicators and swing down of the RSI indicator, and
(ii) observation of market reaction at the support level at $9.03.
Stop loss for the trade would be:
(i) above the resistance level from the open of 9th September (i.e.: above $9.36), or
(ii) above the resistance level from the open of 21st August (i.e.: above $9.65), depending on risk tolerance.
Multiple bullish signals on ACW. Big chart gap to fill @6.5Very positive signals on MACD and DMI . Momentum building nicely
Big chart gap to fill at 6,5c offering a 60% gain in shareprice.
A lot of consolidation has taken place below 3c in past 5 months removing the surplus overhang of shares from the previous capital raising.
This Coin Is A POWERHOUSE MartyBoots here , I have been trading for 17 years and sharing my thoughts on AAVE here.
AAVE is looking beautiful , very strong chart for more upside
Very similar to XRO which mooned from this structure
Do not miss out on AAVE as this is a great opportunity
Watch video for more details
Finer Market Points: ASX Top 10 Momentum Stocks: 10 Feb 2025TSX:AII SET:MVP ASX:NVU GETTEX:FGR NASDAQ:AMD ASX:ESR ASX:ETM ASX:LRV GETTEX:VTX EURONEXT:EGR Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Almon
Bearish potential detected for WPREntry conditions:
(i) lower share price for ASX:WPR along with swing up of the DMI indicators and swing down of the RSI indicator, and
(ii) observation of market reaction at the support level at $2.34.
Stop loss for the trade would be:
(i) above the resistance level from the open of 12th December (i.e.: above $2.42), or
(ii) above the resistance level from the open of 27th December (i.e.: above $2.47), depending on risk tolerance.
Bullish potential detected for LRKEntry conditions:
(i) higher share price for ASX:LRK along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 5th December (i.e.: below $0.985), or
(ii) below the support level from the open of 27th September (i.e.: below $0.96), depending on risk tolerance.
Finer Market Points: ASX Top 10 Momentum Stocks: 6 Feb 2025 ASX:OZM ASX:AQD TSX:AII TSX:ATH NASDAQ:BXN SET:MVP ASX:ERM MIL:ARN GETTEX:VTX GETTEX:FGR Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: OzAurum Re
Finer Market Points: ASX Top 10 Momentum Stocks: 4 Feb 2025 BXN TSX:ATH SET:MVP XETR:RHK NYSE:PAR NYSE:PPL ASX:ESR NASDAQ:OPT NYSE:EBR ASX:MSB Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is shared on Thursdays and the video interview published after market close on Fridays. Today's ASX's Top 10 Quarterly Momentum Stocks are: Bioxyne Limited (
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