Good morning everyone,
Day/Swing trading ideas (charts below):
OPENING PHASES FOR ASX (Chi-X complete open 10:00am)
___A PHASE (10:00:00 +- 15 seconds)
AVB - Level 105 held, 1 tick range 115-120. Watching break out for entry.
BSE - Break of 305 should see new highs.
___C PHASE (10:02:15 +-15 seconds)
CLQ - Bear trap behaviour after it broke downwards but closed higher on nice volume. Yday was a narrow range day, a harami candlestick setup. A continued move up is likely to be a strong move.
DFM - 925 still looking like the level to break for new highs. Strong vol again yday.
___G PHASE (10:04:30 +- 15 seconds)
HZR - Strong vol past 2 days, 665 looking like a nice level for a break out. Intra-day showing cup & handle price action.
___N PHASE (10:06:45 +- 15 seconds)
Nada.
___S PHASE (10:09:00 +- 15 seconds)
VMT - Broke below 70 but immediately traded higher. Bear trap behaviour. 1 tick range now, watching 75 for a break out entry.
