BSL.ASX_Bullish Breakout Trade_LongENTRY: 19.82 SL: 19.87 TP: 20.43-20.93 - ADX>25 - Daily RS +ve - Daily FFI -ve - Weekly RS -ve - Weekly FFI +ve - Moving averages are aligned. - Need to be wary of upcoming earnings result. - Entry based on breakout today with volume.Longby TRADER-WANNA-BEUpdated 113
AMP $1.12 POTENTIAL terminal shakeout (TSO)With almost a billion $ in cash yet to be returned to SH's (which includes a $370M share buy back) & dividends being restored (Ex 01/03 2.5c ehh,its a start) & the weekly structure, if this doesnt shred stale holders soon i will be VERY surprised Holding, initial target in red, then freehold the restLongby nfury82
Liontown resources ($LTR)Liontown is looking weak on charts with RSI and MACD showing bearish projection. This is in sync with Lithium sector looking weak.Shortby aammiitt2115
$APX $2.80 moving out of a tight base low SOI AIWIth current AI interest n all that, the ultra low SOI of around 125m, and the shape this has taken recently surely this should rip from here Hard to believe it was trading at $42 around 2.5 year ago Holding Longby nfury83
Wesfarmers ,,, PullbackUptrend Pullback has been completed after this good bullish candle and everything is ready for a good rally toward next target. I suppose around 48 can be a good SL for it.Longby pardis7
IAG: Sell ideaAs you see on the chart we have a sell idea after breakout of the vwap.Thanks!Shortby PAZINI191
FMG.ASX_Bullish Pullback Trade_LongENTRY: 22.67 SL: 21.77 TP: 23.64 - 23.99 - ADX<25. Would like to be higher. - Daily RS +ve - Daily FFI -ve - Weekly RS +ve - Weekly FFI +ve - Moving averages are aligned. - Stoch RSI crosses up 20. - Entry based on controlled pullback until 3 Feb 2023 to resistance-turn-support area (21.77) and rebounded but would like an increasing volume.Longby TRADER-WANNA-BEUpdated 6
$SLX - its a cliche but the only conviction is price. Looking like its setting up for another continuation move through $5. little bit of sideways be still fine. And no double top. Potential for this that and the other. Stay dumb. Longby Hodgo4
EMR - Historical ATH breakout tradeBreakout trade setup opportunity. Hitting historical ATH atm. After today's price action I expect this rally to continue for the rest of the week. Circled trade entry region around 1.485, SL under prev resistance around 1.41. TP around 1.605 under prev high.Longby jazziejUpdated 222
ASX:TYR $2.7 RangeSeems like $2.7 range is next price target, what you guys think?Longby AsimMirzaTrader1
CTM challenge to break 1,25I am predicting a breakout by the dates shown on the chart. The trend in rising RSI and MACD is convincing.Longby MugginnsUpdated 2
SDR breakout tradePullback has reached prev resistance on decreasing volume. Looking like a good trade entry on the 1H. As per my prediction looking to enter trade.Longby jazziej1
ANN Breakout TradeBreakout trade opportunity, taking a position at a safe place. Stock has had a big rounding base pattern and has been on a downtrend for two years. We are now starting to see a possible early recovery. Looking to False breakout has occurred over major resistance. Price action is retracing and I am waiting to enter around $28.10, where a few technical confluences come together. • Level where recent volume profile peak occurs - likely to be supported. • Fib retracement level 0.382 • Also pulling back toward the 50 moving average. • At current levels, if breakout does continue, it could potentially run up to $31 quickly as this is a region of low volume profile node. I expect that after this retracement, it will continue to move higher and break through the resistance level again. Taking a long 2.6R trade.Longby jazziejUpdated 2
AIS Safe breakout trade entryOne of the few remaining copper plays in ASX after Sandfire Resources. Bottom is in, formed a rounding base bottom before reversal and current trend higher. Price level on the edge of volume profile peak - could move quicker from here if momentum continues. Trading the break out setup on the 1H. expect to move over the low vol profile region, Entry around the 0.725 region, TP target around 0.855. SL around the supported region 0.65.Longby jazziejUpdated 1
PNV about to run again!Looking like a bullish setup with a symmetrical triangle. Impulse move up with high volume, now retracing with lower volumes and volatility (ATR) as it forms a symmetrical triangle. Also getting close to middle of BB and 50 EMA. Wait a day or two for it to rest a bit longer. Buying at 2.45 would be an aggressive move if you are feeling FOMO. Company has had good results lately as revenue starts to gain momentum. Longby jazziejUpdated 222
YAL ShortSeveral technical indicators showing weakness in Yancoal including being 1-2 standard deviations above trend in a log regression channel, a head and shoulders pattern on the weekly chart, bearish divergence both on the RSI and stochastic oscillators as well as more fundamental data including AUD strength off the back of high and persistent Australian domestic inflation.Shortby AndrewBakerf63
ASX Plays 2023~List of high risk plays for 2023 on my market - most of these are small companies with what I deem big upside potential...but very risky.ALongby Swoop63
$MMM.ax 1Week time scaleshe might be in for a some long awaited primary move here, dynamics of this name have changed with mass volume signature worth a look.MLongby Krason220
Thematic Play...Battery tech company had a huge run up then big correction as many things have...looks like a decent opportunity here...can't see something like this dying anytime soon.Longby Swoop61111