PH2 has been on a run recently. All timeframes align and point to continuation of bullish trend. Looking for an entry below the 0.300. Recent deal will see them create new hydrogen hubs in victoria in a multibillion dollar future market. Markets are pretty choppy at minute so tread with care. For educational purposes only. Do you own research
Rough day ahead given the sell off on US markets, fear of inflation and rising bond yields. I'm expecting a drop onto 50EMA today with possible break below to take us down to 100 EMA/bottom of channel next week or two. Buckle up :-(
BOE running out of steam. Tweezers top pattern formed on daily timeframe at the top of the ascending channel. 4hr timeframe shows a bearish candle below. RSI is falling. This could drop back to bottom of channel. Looks good to short now with a target of 0.130-0.120 For educational purposes only. Do you own research
NUF has been on a run since November and now sitting at the top of the well respected channel and bollinger band. Short would be looking for a bounce off upper trend line and longs looking for a break out above upper trend. Short alert set for 4.98 and long alert set for 5.40 within next 5 days which could be psychological level. this is a wait and see situation...
REE has been chopping around in in a sideways range since October but has today broken out of this channel with sights set 52w High. Looks like their output will be in high demand for electric vehicles and electric wind turbines both have a solid future. Good to enter now with target of 0.205 A low risk stop below 0.100 If we can break 0.205 then trail the stop...
ABR showing big bullish move ahead. Nice bounce off lower trend line. looking for bullish move up the channel. Potential resistance around 2.075 Potential entry anywhere in the orange triangle Stop = <1.690 Target = 2.415 Timeframe = 1-3 weeks For educational purposes only. This does not constitute financial advice. Do your own research
TAO Looking good. Bounce off trend and found resistance at 0.382 Fib Retracement level. Huge bullish candle today with good volume. RSI & Bollinger has room to play. Entry: 0.725- 0.825 Target: 1.080 Stop: <0.630 Timeframe: 0-3 weeks
SGM Looking to either retest the lower trend line or push back up past Jan highs to resume upward momentum. Looking for a nice entry in the red circle if we see a retest. Entry: 13.52 - 14.28 Stop: 12.26 Target: 15.68 Timeframe: 1-3 weeks
Recent gap higher with strong volume. Bullish engulving candle formed on 1/3/21. Business operating in buoyant market and significantly undervalued at current price. Looking for an entry some where in blue box as a bounce off upper Bollinger band however the more aggressive trader might enter at current price. Entry: between 0.970 -0.955 Target: 1.050 (previous...
Looking for a continuation of uptrend having found support off lower trend line. Recent earnings are strong. First target is to reclaim highs from mid feb before pushing on to top of channel. Looks good to enter around current price of 13.60. 1st target 14.60 then on to 15.70 or above. Could run with tight stop just below lower channel line around 13.20 or to be...
Pretty tough week on the ASX 200. Price down around 1.5% for the week. Could be seen as a minor correction. Price has broken 50EMA and now sitting at just below a 3 month trendline and at the bottom of the Bollinger band which has historically provided strong support so we could be looking at a slightly more stable week next week as prices recover however some US...
Rounding bottom formed and price now entering into gap fill space. Volume looks great. Aiming for a gap fill up to 0.040 where it could meet some resistance then a push on to ATH.
Wedge breakout. Next target is ATH. Opportunity for a small fill trade to ATH with a trailing stop then leave her open to run into new territory.
Horizontal channel action. Price has a history of running outside bolli bands on way up to top of channel. Earnings due in 2 days so depends on appetite for risk holding into earnings. Could easily see a rise up to top of channel over next few days with a breakout to upside on good earnings. For educational purposes only. Do your own research
Channel action is clear to see. Positive uptrend at play. Great kicker off earnings call. Price is now extended out of Bollinger bands so timing an entry is key. Looking for candles to form back inside Bollinger bands then ride it back to the top of the channel. might need >10 days to get there. entry between 0.080 - 0.084 Stop - 0.078 or below Target - top of...
Price has pretty much moved straight up in a channel since recent IPO. Looks like a nice rebound back into channel from recent downside breakout. Presents itself with a nice R/R. Room to play in bolly bands and now trading back above EMA. Entry at 6.03 Stop at 5.80 Target 6.35 For educational purposes only. Do your own research
underlying fundamentals are pretty good. Strong revenue projections and likely by a few major funds. Price has recently broken out of 6 month downtrend. prior to that there were 2 strong uptrends. Looks like this recent breakout could be a return to uptrend. a couple of interesting resistance levels (4.76 & 5.01) on the way back up to ATH
Channel action looging good. Todays candle has filled the gap from 6th March which is signaling a continuation of bullish move. Company looking to issue strong dividends so buying likely over next 24hrs to hit cuttoff. next major resistance is up at 5.75. good R2R on this one with a tight stop just below the middle of the channel