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.
