Text me if you have any questions/comments for me. ----- IEL - Previous analysis was done on 19 Oct (red arrow) -> suggested waiting for a retracement and a successful rebound - On 8 Oct (blue arrow), suggested entry at 35.75 levels -> If followed suggestion, would be getting 9% returns in roughly 3 weeks - Stock created new all-time high before retracing to a...
Text me if you have any questions/comments for me. ----- LIC - Previous analysis was done on 27 Oct (red arrow) - Suggested waiting for a successful rebound to 23.50 levels before plotting entry - Since then, the stock is stuck in No Man’s Land with the short-term average proving to be a resistance while the mid-term average is a strong support - A strong break...
Text me if you have any questions/comments for me. ----- CVW - First time doing a written analysis on CVW - Stock has some history of erratic uptrends followed by a 90% drop from the All-time High on 2018 till the Covid pandemic crash - From March 2020 till Sep 2021, the recovery has been slow with a plenty of sideways movement - Over the last 2.5 months, the...
Text me if you have any questions/comments for me. ----- ACL - Previous analysis was done on 6 Oct (red arrow) - Suggested waiting for HH and HL formation before plotting entry - Since then, the stock is forming a series of HHs and HLs - A rebound of the short-term support would create a new Higher Low and provide a good setup for entry - A successful rebound...
Text me if you have any questions/comments for me. ----- 29M - First time doing a written analysis on 29M - Since IPO, the stock has had a nice uptrend except during the September slump that affected the overall ASX market too - The short-term average is starting to be a strong support - Today’s Bearish Pin Bar with average volume can be a concern - Technically,...
Text me if you have any questions/comments for me. ----- RDY - Previous analysis was done on 26 Oct (red arrow) -> suggested waiting for a retracement and a successful rebound - Since then, the stock did not have a strong retracement but instead has broken through the psychological resistance at $4 levels - On 12 Oct (blue arrow), I also suggested entry at 3.50...
Text me if you have any questions/comments for me. ----- MQG - Previous analysis was done on 23 Sep (red arrow) -> Suggested entry around $178 levels if believe the stock can create new all-time highs - Since then, the stock tested the $182 resistance for 2 weeks before breaking out strongly - The stock has also had a weak test of the short-term support and has...
Text me if you have any questions/comments for me. ----- LKE - Previous analysis was done on 21 Oct (red arrow) -> Suggested waiting for a retracement and a successful rebound - Since then, the stock has strapped on rockets to comfortable close above the psychological resistance at $1 levels - On 14 Oct (blue arrow), I suggested entry around 62 cents levels and...
Text me if you have any questions/comments for me. ----- DMP - Previous analysis was done on 12 Oct (red arrow) -> Suggested waiting for a series of HHs and HLs due to Structure Break - Since then, it tested $132 levels as a support before trying to break the short- and mid-term resistances - Today’s huge gap down to the strong support at $115 levels proves that...
Text me if you have any questions/comments for me. ----- ARB - Previous analysis was done on 15 Oct (red arrow) - Suggested waiting for retracement and successful rebound before plotting entry - Since then, the stock retraced back to the support zone at $46-48 levels and have successfully rebounded - Today’s gap up and above average volume is a very good sign...
Text me if you have any questions/comments for me. ----- QPM - Previous analysis was done on 15 Oct (red arrow) - Suggested entry at current levels if comfortable with the setup and the stock’s price volatility - Since then, the stock created a LH and quickly fell back below the mid-term support - Short-term average no longer offers a strong support -> not a...
Text me if you have any questions/comments for me. ----- JLG - First time doing a written analysis on JLG - During the 17 Oct Facebook livestream, I suggested waiting for the stock to successfully breakout - Stock has since broken out, but the price action is not accompanied with high trading volume - If you didn’t catch the stock before this, there isn’t any...
Text me if you have any questions/comments for me. ----- CMM - First time doing a written analysis on CMM - Stock has a history of volatile uptrends - The price volatility may not suit some investors/traders - Stock recently rebounded off the short-term support - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest entry at current levels if believe that...
Text me if you have any questions/comments for me. ----- BST - Previous analysis was done on 14 Oct (red arrow) - Suggested waiting for a successful breakout before plotting half-position entry - Since then, the stock has shown an ascending triangle pattern and looks to have broken out successfully - Oddly, the trading volume of this breakout is below the daily...
Text me if you have any questions/comments for me. ----- ALL - First time doing a written analysis on ALL - Stock has a nice history of uptrends - Recent price action shows that it tends to re-test the mid-term support -> suggests weakness of the short-term support - Stock looks to have successfully rebounded off the short-term support - Potential psychological...
2 November 2021 – Market Watch The last time I did an analysis on the S&P/ASX 200 was on 26 October (red arrow). I said that it was good that Blue Arrow No. 4 didn’t look likely to take place and that’s a good sign for the short-term. How wrong I was as the ASX 200 quickly retraced to fall below the (i) 7400 psychological support, (ii) short-term support, and...
Text me if you have any questions/comments for me. ----- Z1P - First time doing a written analysis on Z1P - During the video analysis on 30 Sep (red arrow), I suggested waiting for a successful breakout of the counter-trendline (purple dash line) before plotting entry - Since then, the stock hasn’t broken through the resistance while continuing to test the...
Text me if you have any questions/comments for me. ----- WTC - First time doing a written analysis on LRK - Has a nice history of uptrend in the first few years since IPO - Long sideways movement that lasted for almost a year (blue highlighted area) - After breaking out of that sideways, the stock again facing another resistance at 54.50 levels (orange line) - A...