Short term swing setups

lgmqy2000

lgmqy2000 发表于 2018-5-28 11:52
On its way to 50

DMP almost hit 50 target, but lack of liquidity. Sold some a bit lower.

AGL likely swings to 2250 and 2280. Buyers below 2180 in the last few days.

lgmqy2000

DMP 4th high vol day today. Will wait for vol fade a bit in coming days, price test recent res and support to find clue if this high vol activity is buyers soaking up or sellers feeding into the highs.

Weekly is out of long term downtrend and into upper end of consolidation range.  Looking like early days of a bullish case. Long term targeting 65 on weekly if this setup is confirmed.

lgmqy2000

wasn't expecting this DMP pop today. Still have a bit left, but sold most yday. 52 - 5450 is still vol null zone. If spiking too hard today or tomorrow, i'll attempt a short trade. Longer term, buy dip is still the focus.

lgmqy2000

ASL - 2 or 3? Decision time soon.

lgmqy2000

lgmqy2000 发表于 2018-6-1 16:05
ASL - 2 or 3? Decision time soon.

Target hit 6 days later!

lgmqy2000

QAN, target 615 if rejection building up above 647

lgmqy2000

Banks recovery and energy sector looking to pull the index into new highs. Profiting taking on COH, CSL.

lgmqy2000

lgmqy2000 发表于 2018-6-15 12:59
Banks recovery and energy sector looking to pull the index into new highs. Profiting taking on COH,  ...

Banks oversold bounce indeed pulling the index up....was wrong on CSL though, it's also in the group that pumping the index.  Over longer term(larger context), i'm afraid this is the last push.

MXST18

lgmqy2000 发表于 2018-6-20 13:44
Banks oversold bounce indeed pulling the index up....was wrong on CSL though, it's also in the gro ...

  强弩之末，靠银行股这几支病猫扭转全球大跌的趋势太难

矿股贡献也不小，纽约上市的Rio，Bhp 都连续2个暴跌了，ASX的Rio，Bhp还在涨

lgmqy2000

lgmqy2000 发表于 2018-6-15 12:59
Banks recovery and energy sector looking to pull the index into new highs. Profiting taking on COH,  ...

ANZ if hold above 2780 in coming days, target 2970

lgmqy2000

Until banks forming double top(on daily chart) in coming weeks when this round of oversold bounce is done, trying to short the index would be difficult to win.

lgmqy2000

lgmqy2000 发表于 2018-6-22 11:10
ANZ if hold above 2780 in coming days, target 2970

Banks(ANZ the strongest) pulling the index up, will be looking for buying climax near and above 29.

lgmqy2000

This bull trap run if confirmed in coming days, looking to set the index down to 6100 1st target, then 6024.

lgmqy2000

lgmqy2000 发表于 2018-7-6 11:47
Banks(ANZ the strongest) pulling the index up, will be looking for buying climax near and above 29 ...

Sellers showed up above 29

lgmqy2000

Market is at inflection point.  CSL COH ALL being the market leaders are potentially topping out if key support/breakout levels fail to hold. Banks, BHP/RIO are also at key levels.

lgmqy2000

AMC if hold above 1450 short term, potential upside 1530, then 1630 longer term(weekly).

lgmqy2000

BWX momentum play, target 600 and 650, stop 561