Day traders' weekend lounge July 16 - 18, page-23

G''day traders, see below for this weekend's edition of charts that may offer DT/ST opportunities next week.




AR9 - In the supply zone & challening 200EMA.



AUT - Holding up after yesterdays candle


AZY - Setback on first attempt but likely to try again. 7.8c ST target if successful.



BNL - Potential early reversal signal


BRK - Survived the squeeze and established a new box but needs volume


BUD - Stopping volume. With this much volume traded across mainly 2 pips in this context of this chart, it was a low risk entry today for atleast a few pips/bounce.



CFO - Volume recently but still alot of overheads to get get through


DRE - Alot of supply last few days but if it can hold the breakout, 7c target still in play.


DW8 - TR break, challenging the 50MA


ECS - Challenging the 200MA



EFE - Volume dropped off today. See next sessions for signal of direction.


GMD - 200MA breakout but challenging the supply zone


IHL - 50MA breakout


JXT - TR break , challenging the 200 EMA


MRQ - Volume and challenging the 200MA


MTH - Volume breakout & challenging the 200EMA


NET - Quiet week, volume dropped off. revised lines



NMT - Volume & Challenging resistence


NXM - Challenging resistence & 200 EMA


PGM - Holding the trend and uptick in volume



PPS - Breaking away after absorption



RNU - TL break & challenging 50 MA



SPQ - TR break on volume



SRG Continuation play


STK - Pennant break continuation play with target around 7s. . Bounced off 200 MA on the backtest.. Clear 5.1 for confirmation.


WGO - Volume & challenging 50MA



Remember to DYOR as the above contains very basic analysis and may not take into account your trading strategies/timeframe.