Text me if you have any questions/comments for me. ----- LRK - First time doing a written analysis on LRK - Since IPO, stock has had a long history of downtrend - The Covid crash in March 2020 seems to have woken the stock from its slumber -> Nice uptrend - In mid-Oct, the stock successfully broke through the $5 resistance (orange line) - It has now retraced...
Text me if you have any questions/comments for me. ----- FLT - Previous written analysis was done on 26 Aug (red arrow) -> suggested waiting for a retracement and successful rebound - Since then, the stock went up almost 50% and have retraced back to the $20 psychological support (orange line) - A successful rebound from here would prove that there is continued...
Text me if you have any questions/comments for me. ----- DGL - First time doing a written analysis on DGL - During the FB livestream on 3 Oct, I suggested the stock is worth a look if it recovers above the $3 psychological resistance (orange line) - Since then, the stock tested the short-term support and slowly rebounded to close at $3 today - A successful...
Text me if you have any questions/comments for me. ----- CBA - First time doing a written analysis on CBA - During the FB livestream on 24 Oct, I suggested the stock is worth a look if there is a successful breakout of the strong resistance (orange line) - Stock has some history of uptrends but also suffers from sudden strong pullbacks - Today’s close is above...
Text me if you have any questions/comments for me. ----- ALQ - Previous written analysis was done on 19 Oct (red arrow) -> suggested waiting for a retracement and successful rebound before plotting entry - Since then, the stock has retraced back to the short-term average - Stock looks to be testing resistance-turned-support (orange line) and any successful...
Text me if you have any questions/comments for me. ----- XRF - Previous analysis was done on 23 Sep (red arrow) -> suggested waiting for stock to retrace and rebound successfully - Since then, the stock retraced strongly to test the mid-term support - The subsequent rebound was not successful and formed a LH - Stock tested the short-term support again and today...
Text me if you have any questions/comments for me. ----- PLS - Previous analysis was done on 20 Sep (red arrow) - Suggested waiting for a series of Higher Highs and Higher Lows - Since then, the stock dropped below the mid-term support and have had a V-shape recovery - A retracement to test the short-term support and a successful rebound will be good for the...
Text me if you have any questions/comments for me. ----- JHX - Previous analysis was done on 16 Sep (red arrow) - Suggested entry around 54.90 levels if believe the stock can create new all-time highs - Since then, the stock did not rebound to $54.90 but instead broke through the short- and mid-term supports and tested the resistance-turned-support at $47 levels...
Text me if you have any questions/comments for me. ----- LIC - Previous analysis was done on 14 Oct (red arrow) - Suggested waiting for a retracement and successful rebound - Since then, the stock has retraced to closed at the short-term support - A successful rebound look to be around 23.50 levels - If the stock continues to break below the short-term support...
Text me if you have any questions/comments for me. ----- 360 - Previous written analysis was done on 19 Oct (red arrow) -> suggested waiting for successful rebound breakout around 9.90 levels before plotting entry - Stock successfully broke out yesterday and today, it gapped up to almost 5% gains from suggested entry level - Stock created new all-time high...
Text me if you have any questions/comments for me. ----- RDY - Previous analysis was done on 21 Oct (red arrow) -> suggested waiting for a successful rebound around 3.80 levels before plotting entry - If you have taken the suggestion, today’s price action would have provided gains of almost 4% - On 12 Oct, I also suggested entry at 3.50 levels which has seen...
Text me if you have any questions/comments for me. ----- QAN - Previous analysis was done on 26 Aug (red arrow) - Suggested waiting for a series of HHs and HLs to form before plotting entry - Since then, the stock has created a series of HHs and HLs - A support zone is forming at 5.50 levels –> a successful rebound to around 5.80 levels would strengthen the...
Text me if you have any questions/comments for me. ----- NWF - Previous analysis was done on 15 Sep (red arrow) - Suggested waiting for a series of Higher Highs (HHs) and Higher Lows (HLs) - Since then, the stock has gradually created 2 HHs and 1 HL - Another retracement and successful rebound would be good for the health of the uptrend - R is more than...
Text me if you have any questions/comments for me. ----- NVX - Previous analysis was done on 4 Oct - Suggested waiting for the next rebound wave - Since then, the stock has tested the mid-term support and successfully rebounded above 6.60 levels - Potential psychological resistance at $7 levels -> a test and retracement would form a double top formation...
Text me if you have any questions/comments for me. ----- AMS - Previous analysis was done on 12 Oct (red arrow) -> suggested waiting for successful breakout of counter-trendline (blue dash line) before plotting entry especially if comfortable with overhead strong resistance (purple dotted line) - Since then, the stock has had a failed breakout of the...
Text me if you have any questions/comments for me. ----- The last time I did an analysis on the S&P/ASX 200 was on 12 October (red arrow). Since then, the ASX 200 has broken through four resistances: - (i) counter-trendline (purple dotted line), (ii) short-term average, (iii) mid-term average, and (iv) the 7400 psychological resistance (orange line). Within 2...
Time to focus sell because candle has break ascending trendline. For low risk can start sell when price in the zone. Trade wisely follow the trend.