3x potential ends of wave 5s, Likely to see some significant moves up to finish a wave It will be interesting to see what happens from there but I suspect there will be some retracement and possible complex correction for quite a while before pushing higher The triangle is over a decade long... so likely to continue higher medium to long term
Looking for another push into an intermediate term wave 5, see lower timeframe view Supply level is close to a fib projection cluster level so may see some resistance there or profit taking...
This should be a warning to anyone considering buying CBA in the medium term I'm not going to act on this but would be considering hunting for confirmed short opportunities as R:R would be high and quick..
Fannie Mae looking to break out of an 11yr budget... Full disclosure, I've owned this stock for years scaling in and out hopefully this is the start of a big move
Full disclosure, I've owned this stock from 2011 and already pulled my original money out and also scaled back in again over time Has had a multi year triangle building for years, and broke out of this and closed outside of this at a daily level in the last 12 hours A trump victory puts the release from government conservativeship back on the table again which is...
Buying long term position in high risk gold miner today Exploration company but just purchased plant to start producing gold... Technically this has bollinger band squeeze at $0.023 cents per share - it definitely is a penny stock! don't think I've ever bought something so low in 20 years...!! Could have massive reward to risk if it turns profitable i.e. reward...
Thought it was interesting to see a Nen star pattern on a monthly chart Personally the upside is not large enough as there are a couple of fundamental negatives which are putting me off this stock Posting out of interest only...
Appears to have expanding triangle in the CD leg of a larger butterfly pattern Hoping it drops to around $1.80 and will buy around there with any buying pressure showing
On trading halt while they do a $700mil capital raise Hoping it drops to ~$1.80 ish for a long term buy due to technicals but fundamentally needs a restructure of debt or more equity... Carrying too much debt from memory due to their residential developments with long cash cycle payments which is problematic when the market stalls and buyers dry up Basically too...
No action, but FYI only Bit early, but possible butterfly levels on FPH on Monthly chart Indicator is climbing up into the overbought zone, but that does not mean much right now likely to keep climbing in short to medium term, but parabolic moves are also quickly reversed as there are no real levels of support on large bars Levels to watch...
Higher risk trade but also high potential reward to risk... Full disclosure I own this stock already as a long term play Looking to close gap and sell out half of holding and reinvest it elsewhere...
I'm already in this one but is breaking out of another triangle There are gaps to close and the upside is relatively high compared to risk This is a loss making cancer diagnostic company but technically at support and breaking out
Long term monthly chart Eyeing this up as a long term multi year investment, not far off the buy zone in the next couple of months... I will be looking for signs of reversals on the lower timeframes for entry at or around the long term fib cluster level Forward dividend should be decent and plan will be to sell half at 38.2% retracement from high to low which is...
FBU Fletcher building near buying levels Currently getting near demand level, currently has forward dividend of 11% but earnings have shrunk dramatically to loss making and likely going to restructure business or resize operations No action as yet as there is no clear signal right now to buy, but it is definitely on my watchlist and hoping it drops in the next...
META weekly double top with divergence Doesnt bode well for the indices
Rakon NZ Possible 5 wave cluster levels close to longer term demand level Will be buying when it gets between 0.48-0.42c Fibonacci projection clusters are there and long term demand level
Further to earlier post, close up showing the inverted hammer outside of the bollinger bands
Buying into Comvita Monthly chart going back decades Has multiple reasons to buy technically, and is selling far below book value, has low debt to equity and current ratio of 5.54 so assets far outweigh liabilities Low dividend, but this is really a long term capital gains play say 5 years should be up to at least $5-$6