Whitehaven Coacl (WHC) might be in for some downside movement if this pattern plays out
TSX:TSK ASX:SXG $360 ASX:ZIP ASX:APX GETTEX:RAC NASDAQ:PAA ASX:SLC NYSE:FND BSE:VMS Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is published weekly...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at ASX:WHC ... I believe this code is at a point of potential volatility. If price can hold below $6.79 ... Bearish potential may be unlocked. My key downside targets include: - $6.27 (Conservative) - $5.63 (Medium) - $4.88 (Aggressive) ...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at ASX:EVN ... I believe this code is at a point of potential volatility. If price can hold below $3.27 ... Bearish potential may be unlocked. My key downside targets include: - $3.00 (Conservative) - $2.73 (Medium) - $2.33 (Aggressive) ...
(XDJ): CONSUMER DISCRETIONARY (ASX): WES - WESFARMERS LIMITED || March 12, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M). (Left chart): The broader context (1D chart) reveals that a previous wave 2-red has concluded, touching a low at 46.64, initiating wave 3-red to propel WES further upward. Upon closer examination of wave 3, I've counted waves ((i))...
(XDJ): CONSUMER DISCRETIONARY (ASX): ALL - ARISTOCRAT LEISURE LIMITED || March 12, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M). (Left chart): The broader context (2D chart) reveals that wave (2)-blue has bottomed out at 30.36, and wave (3)-blue is unfolding. I can count waves ((i))-green through wave ((iv))-green, which have concluded, and wave...
(XDJ): CONSUMER DISCRETIONARY (ASX): TLC - THE LOTTERY COPORATION LIMITED || March 12, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M). (Left chart): The broader context (1D chart) reveals that from the low at 4.35, the bull market began to unfold. Wave 4-red appears to have concluded at the low of 4.99 with a Triangle Pattern, followed by wave 5-red...
Burgundy Diamonds Chart shows severe depression and no Sparkle yet. The Chinese Market is a huge consumer and as such we all await their Market Recovery which is yet to happen, but is expected to occur gradually. If you are an Optimist, and anticipate this to occur, provided that this Ticker's price remains stable, I would nibble at this one, as it Might Shine...
(ASX) RIO: Tinto Limited || March 6, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M) Regarding the big picture (1D chart), it shows that wave 2-red has ended, and now Rio Tinto is entering a Bull market with wave 3-red. Now is the time for price action to decline further with wave (ii)-purple. And since the high of 136.7, the price action downwards has...
(ASX) BHP Group || March 6, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M) (Left chart) The broader context (Daily chart) indicates that it seems the preceding Five-waves pattern has concluded, and you can see that wave ((v))-circle-green ended at 50.84. Following that, there was a downward price action, suggesting that the target of this decline could...
ALD (Ampol Limited) || March 5, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M) (Left chart) In the broader context, we observe that the major trend is bullish, despite the current price increase appearing somewhat lacking in strength and sharpness. Nevertheless, this is generally acceptable. Wave iii (circled, green) seems to have concluded at the high...
WDS: WOODSIDE ENERGY GROUP || March 5, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M) (Left chart) Looking at the big context, we can see that the main trend is bearish, with many new lows recorded. Currently, my wave count indicates that we've experienced wave 1 and wave 3 (highlighted in green) has declined. Following that, wave 4 started to rally...
TSX:TSK ASX:APX NASDAQ:CUE LSE:IMC BSE:VMS LSE:DCC $360 ASX:ZIP NYSE:BOC MIL:BRE Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list. The Launch Pad List is published weekly on...
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential. In this edition, we'll be looking at ASX:PLS ... I believe this code is at a point of potential volatility. If price can hold below $4.02 ... Bearish potential may be unlocked. My key downside targets include: - $3.50 (Conservative) - $2.62 (Medium) - $1.90 (Aggressive) ...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at ASX:ARV ... I believe this code is at a point of potential volatility. If price can hold above $3.50 ... Bullish potential may be unlocked. My key upside targets include: - $5.70 (Conservative) - $6.80 (Medium) - $9.95 (Aggressive) ...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at ASX:TGM ... I believe this code is at a point of potential volatility. If price can hold above $0.130 ... Bullish potential may be unlocked. My key upside targets include: - $0.150 (Conservative) - $0.180 (Medium) - $0.225 (Aggressive) ...
(XNJ): INDUSTRIALS SECTOR (XNJ): INDUSTRIALS SECTOR (ASX): CPU - COMPUTERSHARE LIMITED || March 10, 2024 Master of Elliott Wave Analysis: Shane Hua (CEWA-M). Bottom line: CPU may continue to rise higher. (Left chart): The broader context (1D chart) shows that wave 2-red appears to have ended at 22.87, and wave 3-red is unfolding towards higher targets. I've...
PEN is currently in a descending wedge with bullish RSI divergence but still looks bearish on an intraday chart so should move down to support at around 0.07c. Look for a breakout and retest of upper trendline for entry or enter a small position on break of wedge, stoploss at last swing low move SL to BE when safe to do so. Good luck