Interesting times are here. I do not trade companies with operations outside Australia. It is just a part of my risk management process. But for those who are following it, this cannot get more interesting. Crunch time. Yellow dotted line is the LT trendline (down) red dotted lines are support/resistance zones. Wait for the breakout
Retested the break & price is within the support zone (red dotted lines are support /resistance zones). Any bullishness means a decent move up from here. Watching & waiting.
Setup coming..has absorbed the escrow shares released on 31 July 2020. A break & retest of the $4.35 zone will be bullish
The company has come out with excellent results & future growth is a major factor that will add to the bullish nature of the stock
$KTG A setup arriving soon if it breaks above the current levels. Watch the PA
It has consolidated around the $0.22c zone & is looking to challenge its all time high of $0.34c
A break & close above $0.77c is bullish. All stars are aligned & the price of nickel holds the key to the next leg up
The stock was a previous darling of the markets. I called a bearish LT trend on Hot Copper when the price was $0.97c. Expecting a price of around $0.35c got me viciously trolled..that was enough for me to quit Hot Copper permanently. This is now forming an inverted H&S pattern. The price is approaching the neckline zone & it is worth adding to the watch list for...
Has previously proved me wrong, so I shall refrain from commenting. Seeing a H&S pattern, now at the neckline which is also a strong historical support/resistance zone. RSI is 32.83 in bearish territory. If you intend to play it, please wait for the break & retest of the neckline zone.
This is worth watching as the price is creeping along the historical support/resistance zone. Could go either way but will generate a trade
You will need a little bit of Head & shoulder knowledge to interpret this 4 hour chart. The smaller pattern has already broken the neckline & is currently retesting it. A break of the larger pattern will confirm the bearishness
With the screaming & shouting about Nickel, here is one who has potential, with support & resistance zones marked by the red dotted lines. RSI divergence bleeding off so watch for a break & retest of the $0.63c zone
Not my cup of tea but since I put it on twitter for those who are interested here it is markings & all. Technically it has formed an inverted H&S pattern and has broken out of the neckline ($0.039c) Bullish, targeting $0.06c & may see a pullback to test the break of the neckline. Speculative so please DYOR. It is an idea I came across whilst scanning my charts
At its peak in March 2011, the price was $24.80c. This is the weekly chart - price is breaking out at $0.16c today. The dotted pink line was a trendline on the daily chart, that was broken in May. The price came back, retested & has started moving up. Seek your entry point wisely if you choose to buy/sell
$GOR - This is the weekly chart showing a completed inverted H&S pattern. RSI at 63 is under control with bullish potential. Disc - Holding this stock. Been in & out a few times but IMHO has great potential. Watch for results
A break of the $0.044c level is in the works but wait for it to happen
Australia-based company engaged in the space & defence system business. Space segment includes laser-based space surveillance systems. Commenced contract negotiations with Australia for 251 weapons stations. At $5.32 it is at half price from $10.77.
Support levels in red dotted lines. Presented without comment