Page 3 | Ideas and Forecasts on Stocks — Australia — TradingView

Long Term Potential Converting into Price Action Howdy, ODY has spent the last 5 years going through stock dilution, cash burning for drilling expenditure, and has shaved off a large amount of EV per share. Fundamental Catalysts are lining up, which correlate with long term trends in support and resistance, indicating a secular change that will be initiating over a 12 month horizon, which has been represented with an Elliot Wave where a combination of dilution via ODYOA (Company Options on ODY) exercising, and retail limit orders cycling upwards will occur. These catalysts are: 1) Decision to Mine & DFS: EoM September 2026 2) Mining Commencement & Scoping Study 2: January 2027 3) First Gold Poured and Cash Flow Reported: March 2027 4) Second Quarter confirmation of steady Cash Flow: June 2027 (with Report in July 2027) 5) MRE and JORC upgrades: Between October 2026 and July 2027, with 2026 Drilling Results and nuggety predictions getting priced in, with an update to DFS as mine life expands beyond 29 month target. 6) Stable Market Capital at levels for Institutional Investment July 2027 onwards. Price target bands exist based on these catalysts materialising, and are shown at 5c, 10c, 13.5c (rounded down average expected price based on fundamental models at XAUAUD $6000 and 450 kOz JORC), 16.5c (Institutional Investment Price, based on stable market cap and cash flow from operations), and 21.15c +/- 1.15c M&A valuation based on steady operational cash flow, and given its geographic location with established Milling and Mining Organisations, an upgrade in EV from $110 per Oz (current) to $545 per Oz with JORC expansion from 450 kOz to 600 kOz based on 2026 drilling disclosures being modelled in, and XAUAUD average $6500-7000. Any of these catalysts delayed, or failing to materialise, will negatively impact this assessment, defaulting to the lower target bands below the expected return of 13.5c, which has been used for the conservative Elliot Wave forecast. Recent insider purchasing by Levi Mochkin also lends credence to current pricing being a floor, with it moving to the upper end of the Lower Boundary. -Toph

Using Straight Lines for assessing Trends (Educational Piece)Hi Traders, Just doing some video for my educational platform and I thought I will share this for the newbies. If you want to learn more, look up my profile > site. All the best, SSAri

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Falling Wedge Breakout + Drill News Surge — Eyes on $0.855 Pivot 🎯 BHM.AX: Falling Wedge Breakout Driven by Pinnacles Drill Intercepts ⛏️ Broken Hill Mines Ltd (BHM.AX) has staged a massive +12.4% intraday breakout, cracking the upper resistance line of a multi-month Falling Wedge pattern following high-grade silver-lead-zinc intercepts from its Pinnacles Phase 2 drilling program. While news-driven momentum is strong, price is now approaching a critical structural pivot at $0.855 (previous major swing lows). Patience is required to confirm a clean daily close above this level. 🔑 Technical & Fibonacci Confluences Structural Wedge Reversal: Price has broken out of the descending compression channel between $1.160 and $0.515, backed by daily Break of Structure (BOS) signals. Fibonacci Target Confluence: Base Breakout Pivot: $0.840 – $0.855 0.618 Retracement Target: $0.920 127.2% Fib Extension Target: $1.130 (Confluences with the major historical supply node at $1.160). 161.8% Fib Extension Target: $1.240 Indicator Confirmation: VectorVest DEW system shows an active BUY ("B") signal with price holding firmly above the 30-day WMA (~$0.700). MACD histogram is expanding steadily into positive territory. 📊 Tactical Execution Scenarios ================================================== VERDICT: Bullish Trend Shift — Wait for Confirmation 🔵 Scenario A (Breakout Entry): Wait for a daily close above $0.855 to confirm supply absorption before targeting higher Fib extension levels. 🟢 Scenario B (Pullback Entry): Look for a controlled retest of broken wedge resistance around $0.750 – $0.770. 🛑 Risk Management: Stop-Loss: $0.690 (Below 30 WMA & 0.382 Fib at $0.715) Target 1: $0.920 Target 2: $1.130 (127.2% Fib Extension) Target 3: $1.240 (161.8% Fib Extension) ⚠️ What Makes This Trade Wrong? (Invalidation) A daily rejection at $0.855 resulting in a daily close below $0.690 invalidates the breakout structure, returning price to the wedge consolidation zone. 💡 Note: Never FOMO buy directly into overhead structural resistance! Let price confirm a daily close above $0.855 or catch the retest at $0.770 for an optimal Risk/Reward ratio. Capital preservation first!

by SoloTraderAU

Bullish potential detected for XRO Entry conditions: (i) retracement back to potential support area of $74.88 (support level of 27th May) for ASX:XRO , and (ii) observation of market reaction at this potential support area noted above. Depending on risk tolerance, the stop loss for the trade would be: (i) below the rising 15 day EMA (currently $71.79), or (ii) below the rising quarterly VWAP (i.e.: $70.30), or (iii) below the recent swing low of 3rd August (i.e.: below $69.04).

Bullish potential detected for COL Entry conditions: (i) retracement back to potential support area of $24.03 (4hr support level of 12th June) for ASX:COL , and (ii) observation of market reaction at this potential support area noted above. Depending on risk tolerance, the stop loss for the trade would be: (i) below the rising 50 day MA (currently $23.66), or (ii) below the 4 hour support level from 10th July (i.e.: $23.53), or (iii) below the rising quarterly VWAP (i.e.: $23.33).

Potential outside week and bullish potential for BSL Entry conditions: (i) higher share price for ASX:BSL above the level of the potential outside week noted on 23rd July (i.e.: above the level of $32.91). Stop loss for the trade would be: (i) below the low of the outside week on 21st July (i.e.: below $31.45), should the trade activate.

Potential outside week and bullish potential for BGA Entry conditions: (i) higher share price for ASX:BGA above the level of the potential outside week noted on 17th July (i.e.: above the level of $6.10). Stop loss for the trade would be: (i) below the low of the outside week on 15th July (i.e.: below $5.80), should the trade activate.

All-Time High Breakout Backed by Accelerating Fundamentals Following a multi-month correction from $61.84 down to $40.73, DPM Metals Inc (DPM.AX) has staged an aggressive structural recovery, breaking out of its descending trendline and printing fresh highs at $64.05. Unlike speculative spikes, this move is fully supported by expanding earnings growth and sustained institutional volume. Price is currently pulling back slightly to $62.10, setting up a high-probability swing trade opportunity on a retest. 🔑 Key Technical & Fibonacci Confluences Structural Breakout (BOS): DPM has cleared multiple horizontal resistance pivots ($50.19, $51.74, and $58.62), confirming a clean Change of Character (CHoCH) back into a macro uptrend. Fibonacci Retracement Support ($40.73 Low to $64.05 High): $58.52 (0.236 Fib): Immediate horizontal retest layer (Previous High). $55.10 (0.382 Fib): Key structural pull-back & demand zone. $52.33 (0.500 Fib): Intermediate structural midpoint. Upside Fibonacci Extensions: Target 1: $64.05 (Recent High) Target 2: $67.58 (1.272 Fib Extension) Target 3: $74.90 (1.618 Fib Extension) 📊 Game Plan & Execution Scenarios ================================================== VERDICT: Strong Bullish Setup — Wait for Dip Retest 🔵 Scenario A (Disciplined Pullback Entry): Avoid chasing green candles at resistance. Look for entry confirmation inside the $55.10 – $58.50 confluence pocket on a lower timeframe reversal. Stop-Loss: $51.50 (Below 0.500 Fib & structure) Target 1: $64.05 Target 2: $67.58 Target 3: $74.90 🟢 Scenario B (Direct Breakout Continuation): If volume remains high and price holds above $61.80, a daily close above $64.05 triggers direct continuation toward $67.58+. ⚠️ What Makes This Trade Wrong? (Invalidation) A daily close below $51.50 invalidates the immediate breakout momentum, signaling a deeper pull-back toward $49.50. 💡 Note: Aligning technical structure with underlying fundamental growth is where true edge lies. Let the breakout digest, manage risk strictly, and trade the setup!

by SoloTraderAU

Shooting Star Rejection at Trendline Resistance Following a steep 32.9% multi-month correction down to the $2.63 demand floor, West African Resources Ltd (WAF.AX) staged a violent impulse rally back to $3.62. However, price recently printed a prominent Shooting Star / Upper Rejection Wick right at the main descending trendline resistance, pulling back to $3.39 (-2.59%). 🔑 Key Technical & Fibonacci Confluences Rejection at Structural Resistance: The surge to $3.62 tested the primary multi-month descending channel ceiling and horizontal supply zone ($3.62–$3.72), where aggressive profit-taking emerged. Fibonacci Retracement Support Zones ($2.63 Low to $3.62 High): $3.25 (0.382 Fib): First key structural support layer. $3.14 (0.500 Fib): Intermediate mid-point equilibrium. $3.03 (0.618 Golden Pocket): Aligns with the Previous Monthly High (PMH) breakout pivot. Momentum Check: Short-term momentum metrics are rolling over off overbought extremes following the shooting star print, signaling that buyers need to digest supply before another upward attempt. 📊 Game Plan & Execution Scenarios ================================================== VERDICT: Bullish Regime Shift — Wait for Retest Confirmation 🔵 Scenario A (Disciplined Retest Entry — High R:R): Avoid buying into immediate pullback momentum. Look for a retest and bullish reversal signal inside the $3.05 – $3.25 Fibonacci support pocket. Stop-Loss: $2.85 (Below 0.786 Fib & local structure) Target 1: $3.62 (Shooting Star High) Target 2: $3.97 (Macro High) 🟢 Scenario B (Breakout Continuation): If buyers absorb supply quickly, a daily close above $3.62 confirms breakout continuation toward $3.72 and $3.97. --- ⚠️ What Makes This Trade Wrong? (Invalidation) A daily close below $3.00 (0.618 Fib) invalidates the bounce structure, putting price back inside the broad descending channel toward $2.63. 💡 Note: Respect upper rejection wicks at structural trendlines! Never chase green candles into heavy supply. Let price come to high-confluence support near $3.15–$3.25 for a far superior Risk/Reward ratio. Capital preservation first!

by SoloTraderAU

Potential outside week and bullish potential for TCL Entry conditions: (i) higher share price for ASX:TCL above the level of the potential outside week noted on 29th July (i.e.: above the level of $14.97). Stop loss for the trade would be: (i) below the low of the outside week on 27th July (i.e.: below $14.40), should the trade activate.

Bullish potential detected for ORG Entry conditions: (i) higher share price for ASX:ORG along with swing up of indicators such as DMI/RSI. Depending on risk tolerance, the stop loss for the trade would be: (i) below the rising quarterly VWAP (currently $10.47), or (ii) below the recent swing low of $10.27 from 22nd July, or (ii) below the most lower recent swing low of $10.02 from 7th July.

Bullish potential detected for NAB Entry conditions: (i) retracement back to potential support area of $38.64 (from the open of 5th June) for ASX:NAB , and (ii) observation of market reaction at this potential support area noted above. Depending on risk tolerance, the stop loss for the trade would be: (i) below the rising 50 day MA (currently $37.78), or (ii) below the recent swing low of 1st July (i.e.: $36.74), or (iii) below the long-term support line of 20th February 2025 (i.e.: $35.81).

ARU Technical Setup: Consolidation + Rare Earths Momentum = Next The setup for Arafura Rare Earths Limited (ASX:ARU) is getting interesting on both a fundamental and technical level. Price action has been consolidating after a strong move off recent lows, suggesting the market is in a pause rather than a breakdown as investors wait for the next catalyst. Volume has been tracking in a healthy range, indicating ongoing accumulation rather than a loss of interest, and price continues to respect key support levels on the chart. If ARU can hold this base and push back toward recent highs on rising volume, it could signal the start of a new leg higher just as sentiment and demand for rare earths continue to build.

by ClinicalTrader

AMP - Aussie Master Piece ^.^^AMP's turnaround is gaining real traction! Shares surged over 20% recently following a strong profit guidance upgrade Profitability is rising, with 1H26 underlying NPAT now expected between $170M-$180M, driven by strong growth in China partnerships and favorable investment income The market is finally rewarding the strategic restructuring efforts led by new CEO Blair Vernon Technicals are supporting this breakout: Stock price has hit $2.02, showing significant bullish momentum Strong Buy signals across moving averages (5, 10, 20, 50, 100, and 200 MA) MACD is showing a clear Buy signal Trading volume has surged as investors gain confidence in the company's path to organic growth The market momentum is shifting in AMP's favor. After a long recovery, the stock is showing it has the fuel to sustain this rally. Targeting further upside as earnings visibility improves. 2026 is shaping up to be a pivotal turnaround year for AMP.

by Momentum_Scout

Potential outside week and bearish potential for S32 Entry conditions: (i) lower share price for ASX:S32 below the level of the potential outside week noted on 19th June (i.e.: below the level of $4.10). Stop loss for the trade would be: (i) above the high of the outside week on 15th June (i.e.: above $4.63), should the trade activate.

Potential outside week and bullish potential for RWC Entry conditions: (i) higher share price for ASX:RWC above the level of the potential outside week noted on 25th/26th June (i.e.: above the level of $3.91). Stop loss for the trade would be: (i) below the low of the outside week on 23rd June (i.e.: below $3.46), should the trade activate.

Potential outside week and bullish potential for EDV Entry conditions: (i) higher share price for ASX:EDV above the level of the potential outside week noted on 2nd July (i.e.: above the level of $3.43). Stop loss for the trade would be: (i) below the low of the outside week on 1st July (i.e.: below $3.19), should the trade activate.

Potential outside week and bearish potential for APX Entry conditions: (i) lower share price for ASX:APX below the level of the potential outside week noted on 5th June (i.e.: below the level of $1.08). Stop loss for the trade would be: (i) above the high of the outside week on 2nd June (i.e.: above $1.285), should the trade activate.

Incoming bull run in price I’ve been looking at LEL for a while now and I think now might finally be the time I decide to allocate a large portion of my portfolio. It’s been in this trend downward for some time despite research and ongoing work occurring (no slowing down in momentum) this usually means they have confidence something will stick, I think once Bajool assay results release at the end of this month sometime maybe early next month price will run to 0.60c easily and potentially $1 or $2. Very discounted as of right now, one good result and lel will explode.

$EQR.asx EQ Resources Long Best Tungsten play!$EQR.asx EQ Resources Long Best Tungsten play better than NASDAQ:ALM Almonty. Tungsten Price: Western APT $3,139.5 (+$7 & +0.22%) 🔥🔥 The rise continues!

Potential outside week and bullish potential for MYR Entry conditions: (i) higher share price for ASX:MYR above the level of the potential outside week noted on 11th June (i.e.: above the level of $0.265). Stop loss for the trade would be: (i) below the low of the outside week on 9th June (i.e.: below $0.23), should the trade activate.

Watching for a rebound on YAL I've just done some quick charting on YAL and short term we may see a bit of a rebound. Earnings season is coming and macro environment is a bit on the fence again. If Energy rebounds on the Iran/US tensions and the Strait of Hormuz then we may see money rotate back into the energy sector benefiting YAL. The OBV on the recent move down didn't follow. This indicates the buyers may be stepping in and could lead to a bit of a rally. Keep a watch on this one for now. A lower entry would be preferred if looking to buy and hold, but could be a short term trade opportunity on the long side from what I'm seeing. Not financial advice, just my observations.

Bullish potential detected for RHC Entry conditions: (i) higher share price for ASX:RHC along with swing up of indicators such as DMI/RSI, and (ii) observation of market reaction around the potential support/resistance line of $44.52 from the close of 6th March. Depending on risk tolerance, the stop loss for the trade would be: (i) below the potential support level of $42.14 from the open of 17th April, or (ii) below the rising 15 day EMA (currently $41.84).