See below for this week's edition of some charts/ideas that may offer trades next week or ST.
AGE - TL break - needs volume
AGY - Breakout signal with volume uptick
AJX - 200MA break and confirmation of TL break. Likely test 7c
AR9 - 200MA break, challenging supply zone,needs volume and perhaps some consolidation.
AVL - Reversal signal , TR break on volume
AZY - Breakout confirmation. May potentially backtest on the daily. 7.8 ST target if holds.
BBT - Breakout signal, would like more volume
BRK - DB/TR break , confirmation of continuation of uptrend after TL break
CKA - Volume breakout, playing out the pennant
CXO - Pending confirmation of continuation of uptrend, currently challenging key supply zone; likely to challenge previous highs if successful here.
DRE - As noted over last few weeks, conservative target achieved. The extension target now in play but be careful as it is likely to see a distribution day very soon.
DSE - Breakout signal
DTC - High volumes and spread last two session and challenging the 200EMA and supply zone.
ELT - 50MA and TR break
EOS - Uptick in volume and spread, About to challenge the TL
EUR - 200MA,50MA & TL break. Likely to challenge the suppy zone around 8c ST if theres volume.
FEL Another consolidated break
HZN -DB/TR break
MLM - TR break and about to challenge the supply zone for a breakout
MNB - As noted in previous weeks should challenge the supply zone soon. Another consolidated break for continuation
OSP - 50MA break and uptick volume. May attempt to challenge the 200MA
OZZ- Uptick in volume and spread, challenging resistance for the breakout
PDI -Breakout at 12c confirmed. = 18.5c target followed by extended target around 23c ST
PEK - Potential breakout . Challenge the the high/ key resistance Target around 20c followed by around 26c extended target ST if breakout is confirmed
POS - First target reached, extended target around 17c in play
PRN - First resistance breached, next one w be challenged soon
PRU - Looking to challenge the bearish engulfer next
SGC - Breakout signal. First target around 7 followed by potential gap fill
SRZ 50MA break, uptick in volume
STK - Challenging the next key resistence today. Couple of targets on this one including starting with 7.4 from the previous continuation breakout followed by around 10.5 if confirmed.
VKA - 3rd attempt to break TR was successful on volume , currently challenging 50MA and 200EMA
WZR - TR break , likely to challenge the supply zone for a potential big breakout again
As always, DYOR as the charting above is basic and don't take into account your trading strategy/timeframes.
Been an great week for me, loving the return of volume in the last 2 days into many species especially. Hope everyone got something.
