the reason I’m looking at this stock because it’s going ex-dividend today, also just due to the oil price dipping lower this might see a bullish move. Will watch.
The reason I’m looking at this stock because it’s going ex-dividend today, also just due to the oil price dipping lower this might see a bullish move. Will watch.
The ASX could see higher this morning due to its risk on world view but I think it might pull back today. Oil dip lower on Friday, showing bearish engulfing on the daily and on the weekly it looks like a bear rally as well. Next, we have energy sector on the ASX and that is showing a shooting start follow by a bearish candle coving the past two candles on the...
WTI is forming inverted Head and shoulder and forming higher and high as well. Looks good for a break out trade buy stop entry 57.603.
On the daily for NZDUSD it formed a cup with handle trade and with a nice break out to the upside, i'm looking for longs on this trade. I am waiting for a pullback on the 1 hour or 4 hour.
This Aussie stock on the daily and the weekly have formed a bearish hanging man, my entry will be a sell stop at 11.52. Also its sector had massive rally up, we might see a pull back to the downside today.
On the Daily it has formed a Cup With Handle trade, due to risk on environment. Look to the upside with Oil.
Due to the macro its risk on, this is why its time to short gold, on the weekly it has formed a bear shooting star on resistance, covering the past two candles as well. On the Daily MACD has confirmed to the down side, target could be 1260 :)
Daily downtrend, hit 50 EMA with a bearish spinning top. cloud pull back to 6832.24
If you believe in Elliot Wave this could be a run up for the Ozzie dollar in near future. Thoughts ?