Detected 17-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 17-May. ASX:QUB represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) breach of the upper confines of the Darvas box formation - i.e.: above high of $3.68 of 15th May...
Detected on 24-May (detailed commentary and full scan results available in the signature below), ASX:GLN represents a potential bullish opportunity with respect to a possible key reversal bottom formation detected, although the volume on the potential key reversal bottom signal day was rather mild. Trade suggestion would be to await for share price to test...
Detected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May. ASX:JMS represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) higher share price along with swing up of indicators such as DMI/RSI. Stop loss for the trade...
Detected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May, however did activate on 15th/16th May. ASX:DEV represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) higher share price above the day of the volume spike (10th...
Detected 17-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 17-May. ASX:CNB represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a moderate volume spike noted on 17-May. Entry conditions: (i) higher share price above the...
Detected in the latest scan for the week (detailed commentary and full scan results available in the signature below), ASX:BYE represents a potential bullish opportunity with respect to a possible key reversal bottom formation detected, although the volume on the potential key reversal bottom signal day was rather mild. Trade suggestion would be to await for...
Detected 30-Apr (detailed commentary and full scan results available in the signature below - will be covered in next commentary). Not activated as at time of review of 30-Apr. ASX:SLR represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) breach of the upper confines of the Darvas box formation -...
Detected 17-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 17-May. ASX:PSC represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a volume spike noted on 17-May. Entry conditions: (i) higher share price above the level of...
Detected 10-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 10-May. ASX:BC8 represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a volume spike noted on 09-May. Entry conditions: (i) higher share price above the level of...
Detected 03-May (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 03-May. ASX:AMC represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) higher share price above the day of gap-up (preferably along with swing up of indicators such as...
Detected 19-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 19-Apr. ASX:SFR represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) breach of the upper confines of the Darvas box formation - i.e.: above high of $9.28 of 9th April...
The SPI 200 shows an established uptrend on the 1-hour chart, with a recent bullish engulfing candle forming a higher low around the 20-bar EMA and closing above a retracement line. The RSI remains above 50 to show positive momentum, and there are no obvious signs of a topping pattern forming on the chart. A break above 7907 assumes bullish continuation and...
AU200AUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 7800 will confirm the bullish momentum. The measured move...
Detected 12-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 12-Apr. ASX:JDO represents a potential bullish opportunity should momentum continue and newer highs be made. Entry conditions: (i) higher share price along with swing up of indicators such as DMI/RSI. Stop loss for the trade...
Detected 26-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 26-Apr. ASX:IRE represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a prior resistance level of $8.53 established previously on 10-Apr which could potentially...
James Hardie vs Boral Limited ASX:BLD - Price action side by side - Key levels of Boral - Keep track of sector and companies - Trend first and later study fundamental ( for me😉) Waiting for your comments to learn and share more .... disc: Not invested , don't know about future no recommendation only education and entertainment
Detected 26-Apr (detailed commentary and full scan results available in the signature below). Not activated as at time of review of 26-Apr. ASX:QPM represents a potential bullish opportunity should momentum continue and newer highs be made. Trade is further supported by a volume spike noted on 22-Apr and a gap-up noted on 23-Apr. Entry conditions: (i) higher...
AU200AUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 7800 will confirm the...