ASX:FMG Great company quite bullish pattern. PT marked on the chart Good luck mates, don't miss the train!
For those that use the "Fib Speed Resistance Fan", our XJO hit 0.25 and retraced. Could we retrace back to the 0.382 in the coming days/weeks? Also, I wish I have found this earlier!! This has correctly forecasted the support line during the March lows. Furthermore, a good entry point for investing in the long term is when the " William R" is below the yellow...
Bear Flag break down. Parabolic Sar of this dead cat bounce has flipped to sell. Momentum on Stoch RSI flipped downwards. SELL.
The asx200 can be seen to be mirroring its entry into the world With a gap between .786 and .618 in both cases, this is a bullish view
Idea for ASX Multiple ascending scallops using fibonacci spiral for a support which is also a .236 retracement from the top formed I've made a few ASX ideas lately but i'm Australian so i feel it suits. This is a very long term chart!
Showing the potential bearishness is an ascending scallop The leg of the scallop has been extended so far that momentum has decreased and bearish momentum has been engaged I am very bearish on Australian stocks. First time using fib circles :)
Likely close below the 200MA on the weekly chart will lead to further downsides as the alligator indicator opens up bearishly. Also currently sitting under the ichimoku cloud, providing a resistance. We could be on the brink (early stages) of a recession.
Potential short opportunity, can be seen to be hanging under the resistance line, with an immediate death cross on the daily chart in play, these are usually more effective on the weekly chart but we will see how it plays out. Aussies spending too much money on toilet paper..
Hello my dear You can find all details on the chart above. ASX:APT Entry: 28 - 28.5 Targets: First : 36.4 Second: 46.4 Stop: 25 ______
Estimated shorts, stop losses for ASX200 based on a repeated market sell off, precipitated by the global markets selling off during a long-term US-China trade war, widening as tensions rise.
Since February 2009, there is an upward wedge of the heels of the wave. As a rule, a wedge is a reversal pattern with the target of starting a wedge. In the long-term perspective, a return is expected to the levels of 2009, more precisely 3200
ASX is approaching our first support at 5807 (61.8% fibonacci extension, 23.6% fibonacci retracement, horizontal pullback support) and a strong bounce might occur below this level pushing price up to our major resistance at 5928(61.8% fibonacci retracement, horizontal swing high resistance). Stochastic (89,5,3) is also approaching support and we might see a...
ASX is approaching our first resistance at 5838 (100% fibonacci extension, 78.6% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 5601 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it...
ASX is approaching our first resistance at 5788 (100% fibonacci extension , 50% fibonacci retracement , horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension , 76.4% fibonacci retracement , horizontal swing low support). Stochastic (89,5,3) is also approaching...
ASX is approaching our first resistance at 5788 (50% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support). Stochastic (89, 5, 3) is also approaching...
ASX is approaching our first support at 5314 (100% fibonacci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 5695 (100% fibonacci extension, 38.2% fibonacci retracement, horizontal swing high resistance). Stochastic (89,5,3) is also approaching support and we might see a...
ASX is approaching our first support at 5516 (50% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension , 50% fibonacci retracement, Horizontal overlap resistance). Stochastic (89,5,3) is also approaching support...
ASX is approaching our first support level at 5516 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance ). Stochastic (89,5,3) is also approaching...