CBA with Wyckoff Spring ?

May well be the case in this monthly time frame chart. Not only the Wyckoff Spring but also the low point of EW Wave 4 and that of Complex Bullish Pivot. In any case confirmation of the Complex Bullish Pivot is worth noting due to where it occurred as well…

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APX.ASX in depth Outlook.

PnF chart shows the bullish target after the recent breakout which is nearly met. This, in conjunction with the weekly bar chart forms our in depth analysis. PnF chart is not used for any other purpose other than a target calculation. Are there any upside resistance on the horizon with APX.ASX ? None…

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Risk vs Reward with BHP.ASX.

I have marked potential reward vs. risk for this giant on it’s monthly. Analysis of BHP.ASX requiring no commentary as the trend channel in effect clearly speaks for itself. One may look at it’s weekly chart if they wish and identify most recent reaction low/trough for a smaller risk entry. Chart is courtesy…

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BAP.ASX In Review.

Medium to long term view is taken with this analysis.Another sector that has rang alarm bells is the automotive related ASX listed stocks from within consumer discretionary. BAP.ASX in review here which had been my pick going back few years now.Failed breakout and now BAP is flirting again with the prior trading range.…

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CBA.ASX Monthly Chart Outlook.

Successful test of the long term support ? In my book, yes it is, and it is the 5th time around where the back bone of the bear is broken one more time reaffirming the importance of this support. Big boys/girls (smart money) suck them (bears) in with new marginal low/lows and…

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CGF.ASX Long Term Outlook.

I am watching CGF.ASX from the sidelines for now as it had downgraded it’s profit guidance. Technical warnings were obvious, and on hand, prior to this downgrade with bearish targets in place.Bearish PnF target of $9.60 which I have published while ago failed to halt the decline. CGF is now considered to be…

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Visiting TLS.ASX.

Couple of charts will be published both weekly. One to reflect the long term view other to zoom in to the current conditions within that long term view. Major trend of TLS.ASX is DOWN. Within this major down trend ( see first chart ) lets focus to it’s medium term trend…

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ALU.ASX weekly chart outlook.

Top as shown in the form of a Head & Shoulders. Yet to be completed and activated. Completion and activation may be imminent. Successful completion and activation, if and when on hand, would suggest a price target of $10 approx.. Are there short stops hiding above the right shoulder ?…

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ILU.ASX weekly & PnF chart Outlook.

Weekly chart of ILU.ASX showing further three support levels as well as resistance level to watch for on any potential test/retest. A stock with reasonable fundamentals that deserves to be a watchlist item IMHO.Bearish PnF target is shown at the second chart which stands at $5.45.With this level in mind, ILU…

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