RSI has popped out of channel. Five days of gains for Beach Energy and improving USOIL. Could we see Beach Energy have a little rest, before marching on to $1.90? Key risks are movement on USOIL, China Growth, Trade Tensions and Brexit.
Having done a retracement to the 61.8 fib, the price has been making higher highs and lower lows within a symmetrical triangle. With the Gold price expected to dip in the short term but being touted as "bullish" long term, there is a potential opportunity to go long on the breakout from the triangle.
Popped up on my volume alerts and bought on the pullback. Went as high as 10 cents on some pretty strong news! ANNOUNCEMENT: ================================ Melbourne, Australia (10 December 2018): Clinical-stage oncology company Prescient Therapeutics Limited (ASX: PTX; Prescient) is pleased to announce interim durability data on the PTX-200 study in HER2...
$OGC - OceanaGold - Going long on the pullback. Momentum moving in the right way. All the moving averages starting to diverge nicely. RSI has come down a little off the heat of the previous days and there is still some good volume there. Might come back a little over the next few days but I'll buy now its pulled back and hold for a while. Nice profitable company...
Resonance Health (RHT:ASX) Interesting small cap generating some revenue. Has broken through some previous resistance levels and resuming its climb. I like the idea of "quantitative analysis of radiological images" and hope they can expand it in the future to other areas of the body. They have been ticking off R&D grants, FDA approvals, and more redistributor...
Early days and need more conviction. Bullish falling wedge needs more expansion in volume. ASX:REH
$FLC Has a down trend since October 2016 however the recent heavy volume base suggests capitulation. The pattern forming appears to be a head and shoulder bottom. To confirm the right shoulder will need to establish at around 36.5c giving a target of the move of 51c or ~40% upside. The companies revenue growth appears to have hit a momentum stage with several...
Over the past few weeks 3DP has set up an ascending triangle pattern, a breakout top side sets an initial target at 6.4 c representing a 28% move from the last closed price of 5.0c with an extension target at 7.4c being prior resistance and a 48% move. Buyers have been absorbing all supply below historic resistance at 5.4c since the attempted break on the 11th
KGN BULLISH CLOUD BREAK TRADE - ICHIMOKU CLOUD. - FOLLOW THE RULES EACH TIME AND LETS WATCH IT UNFOLD. -- ICHIMOKU TRADING SYSTEM MOMENTUM BASED TRADE --- ENTRY $4.60 -. NO TARGET LETTING IT RUN AND EXIT ON KIJUN SEN BREAK OR FRACTAL BREAK. -- MY STOP LOSS IS JUST BELOW TOP OF THE CLOUD. - WILL UPDATE AS IT PROGRESSES. CHEERS *NOT TRADING ADVICE TO BE...
Looking at the weekly chart, Reece could be hitting the bottom of an Elliot correction wave. MACD is leveling off, but still below the zero, so it could still get a little lower. A quality stock to watch.
Think Vocus has legs - telco sector has been smashed - time to shine?
Been tracking A2M for a long time - still think we need another leg down to complete correction but stock market looks bullish atm.
Selling at 90 cents to hopefully buy back in at 75 cents. Surely a correction is in order after Thursdays pump. Long term bullish on AMS. Totally a new trader, sharing this mostly for my amusement to see how it works out.
Epic shorting opportunity here!! The past 10 years looks to have been a huge 3-3-5 flat. Given we have had one impulsive wave to the downside prior to it, I believe we will get one more impulse to the downside to complete the correction. Reasons for: - B shows a clean 3-3-5 flat - B completed at the .618 fib retracement of A - we've only had one impulsive wave...