Couple charts first 30min TF IPT basically they churned it right up to attract traders as u can see on bar 1 on highest volume.
2 bar low spread drop in volume setting the trap above.
3 spread back and volume sell off ..
Typical trader trap and in this current market seems the norm ...
Would expect another few days of high volume worth a watch too see where the volume comes in when things settle.. Over 500m traded means there will be some good swings to follow up ....
TD1
Simple chart there is always going to be resistance in every single stock no matter asx200 or specs but resistance/support no matter which they will eventually be broken and its always just mind games.... Nice uptrend since established lows now solid setup + data suggests some good news is a high possibility ST. Indicators all squeezing up (tight) volume slightly increasing 2 days in a row without attracting to much attention . ST catalyst is what i bought for on weds.. Nice upper % targets if breakout happens...
KAU simple IPO grind this cluster of volume is telling + how the bars are reacting with the volume suggesting some accumulation at play whilst controlling the move not letting it run off ... The chance of a parabolic spike is a high chance but all depends on news flow and traders ....
Charts are opinion only and im a trader so i have stops in play ....
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