johninvest17

johninvest17

Saracen Mineral most likely heading for a green 9 on the 2D chart and this cannot be ignored. By looking at previous green 9 signals on the TD Sequential, it often show a temporary top before moving higher or lower. Nothing is certain in the stock market, so here are my two predictions for the next few days/weeks. 1. Red Arrow - We hit resistance starts...

johninvest17 Updated 

TD Sequential topped on a 9 sell signal. RSI at overbought.

johninvest17

I'm not interested in a long position in Bubs unless we can close above the green line. $1.05. Risk to reward is not good. If we close below 93-94 cents next week, it will drop fast toward the 200 ma. (red line)

johninvest17 Updated 

Zip Pay to close above or below the 200 moving average tomorrow? Currently, the MACD, RSI and DMI, moving averages doesn't look good for Zip Pay. Therefore, more likely to go lower using technical analysis.

johninvest17 Updated 

Go Long, if the stock price at the break of resistance (the green line). Price target highlighted in the red box. The 50 moving average can act as stop loss.

johninvest17

Wesfarmers Ltd (ASX: WES) is often regarded as one of the best blue chips on the ASX. Breaking out today and heading higher ahead of earnings. Technical indicators are bullish. Good stock to buy and hold.

johninvest17

Go Long if break the pink resistance line and the green line (20MA). Technical indicators are bullish.

johninvest17

Kogan, one of my favorite stocks in Australia had a great run in 2019. Time for it to retrace back to trendline or the 50-day moving average. MACD is starting to turn bearish, RSI is already heading down. I would sell and buy Gold Stocks in the short term.

johninvest17 Updated 

I'm reducing risk and taking a few positions off the table on the HK Market. We have a great run in the last few weeks. Price is at the top of the channel and I cannot see much upside from here. 29,000 at max. On Friday, it is the Hong Kong Retail Sales YoY data, I am expecting it to be negative because of the Hong Kong Protest. Source - Trade Economic. Hong...

johninvest17 Updated 

Dead Cat Bounce on 200 MA for Saracen Mineral? $SAR Short term target $3.18.

johninvest17

Go Long, Cup and Handle forming on Cigna Corp $CI Worth adding to watchlist and buy on the breakout.

johninvest17

Sell or Short $CBA. Commonwealth Bank of Australia to retrace back to moving averages. More likely to retrace back to the 200 moving average (red line) at this stage to form an ABC correction. Or retrace back to trendline support.

johninvest17 Updated 

Beach Energy Looking Good if price can break $2.45. $BPT Green 2 over Green 1. "Go Long" Elder Impulse System is green = " Go Long". MACD and RSI about to get bullish too.

johninvest17 Updated 

I like Tencent here, MACD and RSI are bullish. broke out of the triangle. My first target is around $400-405. More about Tencent Tencent Holdings Limited is a Chinese multinational conglomerate holding company founded in 1998, whose subsidiaries specialise in various Internet-related services and products, entertainment, artificial intelligence and...

johninvest17 Updated 

Australia and New Zealand Banking Group (ASX: ANZ) share price has fallen big in the last few months. Value Investors, is this a buy for you? For me, $25 is the magic number. If we can hold and bounce strongly above $25 before the monthly close. It is a good buying opportuntity in the short term. Due to "reward to risk". If we close below $25, ANZ doesn't...

johninvest17

Strong open and strong close last Friday. So is it time to go long for Link Admin this week? It is above the 20 and 50 moving averages. MACD and RSI are bullish, we are likely to see a breakout toward the 200 MA at 6.70-6.75. Worth adding this to your watchlist.

johninvest17

Breaking out next week? MACD and RSI are bullish. Stock is just above two moving averages (20,50) they will be acting as support.

johninvest17 Updated 

TD Sequential is showing a Green 9. This could be a temporary top. We could see a small pullback towards the moving averages.