ENTRY: 3.39 SL: 3.64 TP1: 3.24 TP2: 2.96 - ADX>25 - Daily RS -ve - Daily FFI +ve - Weekly RS -ve - Weekly FFI -ve - Moving averages are aligned. - Stoch RSI dipping down. - First breakdown on 26 Sep 2022 - Entry based on today shows rejection of support-turn-resistance area (3.46) with engulfing red candle and high volume.
RWC Will fall from supply zone Not an amazing setup with less than 5% on the short side ADI is neutral
ENTRY: 5.36 SL: 5.06 TP: 5.92 - ADX>20 - RSI>50, RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Breakout with high volume on 4 Jun 2021.
Entry: 4.83 Stop loss: 4.63 Went long in this counter after it broke out with good volume today. The 3 SMAs are in order. Earnings report on 22 Feb 2021 though. Might see some reactions following that.
1.Seeing to take advantage of a failed breakout on a new 20 day low, the next day reversal ( plus 1). 2. There is a 'modified' ANTY signal - taking advantage of wave function 'oversold' levels' in a corrective technical action 3. modified ' momentum pinball, as not quite reached 20 line but again at levels where up cycle occurs - looking for 2-4 days only swing trade
Buyers have broken upper trend line to confirm Bullish Flag pattern
Due to oversees market the ASX should be opening higher this morning form yesterday pull back. This is why i'm looking at consumer cyclical stocks, RWC gap down yesterday to its support level and formed a bear hammer I wish it was a Bull hammer but this is fine as well. It sitting outside its 2 deviation, looking to counter trade this stock to $4.40. It also at...
Waiting for a pullback to go long. support and resistance are marked on the chart