jonnytren

jonnytren

Keep an eye on the ALL ORDS as price is @ the all time high from 2008. we know what happened after this... It is a psychological resistance level, be alert for a trend change or continuation.. stochastic and RSI on the weekly are coming into high territory. Don't give back to the market, have a plan in place. Happy trading.

jonnytren

Looking for a bounce off the 314 moving average with some bullish evidence, Also just below the 314 is a prior consolidation range.. it is also the bottom of the downward trend channel.. I will be keeping an eye out during august for some decent price action. If trade plays out a ride back to the 200MA and top of the channel will be a nice target. :)

jonnytren

The marijuana sector on the ASX has been showing some volume returning to the market. Time to long some stocks. Purely Technical analysis here.. Fibonacci tool range from the low where volume increased significantly to the high in May. price has pulled back to the 50% range 314MA seems to be showing some support with a few touches on the 4 hourly. awaiting...

jonnytren

Bull on gold, 4 Hr, broken out of minor trend expecting a 0.38 pullback and to support of trend. EXT to 1.61