Short Term Trading Week Starting: 5th Sept, page-236

MP1 inviting for lower prices now, was just curious/hoping you guys made money on it. missed his/her posts but well done to Fish. $2m rev $17m loss $230m MC or something? huh?

sure man i'll have a crack but way better guys than me around. i'm trying to keep track of SWJ and VLT after your tips on the weekend, wonderful reading wonderful quality, thanks

SWJ starting close up you can see which candle 08/11 of 8m volume is in control on the daily which is why it stopped there imo (also next HV candle to the left 12/07 appears to have been supply). i want to see like another 5-8m soaked between 015-017 (vwap>016) would give a kickass signal for pre-breakout with a target 023-024 (gap location, and also about the same amplitude as the current range). support level i'd watch if i was holding, hard to say but 015 is mid-point of yesterday's green candle would be a nice lower end to consolidate, if it bases out again obviously 013 would be the next to hold but would want it to be low volume. but it's a choppy chart so not easy to set stops hey. being choppy i wouldn't be surprised if it doubled on low volume without hitting any of my signals, but i'd have to watch and wave with tears in my eyes.



weekly chart over 2yrs - volume come in at the end of a long basing period without a big move yet, my favourite pattern, target 037 minimum. the weekly candles don't look like such hardcore supply as the daily, but let's see the end of this wk




PLH i got no signals, all can say is
almost zero volume past two days could mean the end of supply from this long flag, however it's done that a few times all the way down so i won't bet my bottle of wine that it's over
?maybe around 61.8 fib retrace? i don't use these
it broke out of two flags on the way up, is now at level of first flag which could offer some support but not much, there wasn't any soak in that area
17.5c was a previous top in 2014 to act as potential support but i doubt it means much
anyways PLH knows how to spike up so it will probably break out of this flag when it feels like it, but i can't see a TA catalyst let's keep an eye on it this week
maybe someone familiar with elliot wave could have a look at that retrace

VLT be careful of H&S but the volume doesn't match up, i.e. the right shoulder has far less volume, so should be OK and potentially forming a support platform here


Mouzo's MEB looks potentially good to go, give us a flag to 38.5 over a few days with cumulative volume ~500k then crack through 40. wasn't at computer today, would've jumped on for sure if i'd see the 38's getting eaten. haven't had time to find any new leads