Katandra

Katandra

Resmed has been on the nose of late and is very choppy in price action making it hard to navigate some analysis to buy. However, the conditions have now been met. Do you buy such a choppy price action?

Katandra

Amcor has set up conditions for a buy by having the RSI7 giving an alert by crossing up through 30 and the stochastic buy signal has crossed up through the 27 line and that, in turn, has been confirmed with the EMA21 being flat to rising.

Katandra

The RSI7 has now gone above the 30 line and the Stochastic39 has gone above the 27 line (127 on chart) and the EMA21 has confirmed by turning up making the upward movement of the XJO index strong. The larger caps will be the main participants in this initial phase because they dominate the index. Looking at the XJO heatmap, year to date, shows a good peppering...

Katandra

BHP.ASX has been in a steady decline but now seems to be forming a double bottom. When the RSI7 passes up above the 30 line, this gives an alert signal. Then watch for the slow stochastic 39,1 to pass above its 27 line as a buy signal within 6 weeks after the alert and then when the EMA39 flattens that confirms the buy. Not financial advise but to show how I set...