Ian_hopping

Ian_hopping Feb 21

Pullback to recent breakout point, results next week. Could potentially bounce here and continue the strong uptrend.

Ian_hopping Feb 21

ALC Potential turnaround play, Looks to have set a base and now to have broken out on a 10 year contract announcement. Second time it’s been above the 50day ema and now the 100 day ema, Lots of buying volume recently. Resistance at 0.130 and 0.170 Speculative buy at the market or wait for a pullback to the breakout point.

Ian_hopping Jan 12

Good way to play USD gold if based in Australia. XAUUSD looks to be breaking out with a pull back to the trend line and 100dma. Volume is Increasing, Looks likely it’s going to bounce of these support lines and continue its run. Measured move profit target of $24.31 based on the height of the wedge.

Ian_hopping Jan 9

Pme looks to have formed a small wedge pullback to the 21 day moving average potentially to the 50 day, Creating a buy opportunity for a continuation of the long term trend. Looks as though once volume has spiked and fallen off on each pullback another marked in June/July the trend breaks out and continues.

Ian_hopping Jan 9

Excuse the crudely drawn chart. SPY looks to be in a falling wedge pullback to the long term channel, Expecting a bounce off this support line. However if it breaks through the bottom some minor support around $565. Buy Target $580