Potential outside week and bullish potential for PRNEntry conditions:
(i) higher share price for ASX:PRN above the level of the potential outside week noted on 2nd May (i.e.: above the level of $1.38).
Stop loss for the trade would be:
(i) below the low of the outside week on 28th April (i.e.: below $1.29), should the trade activate.
RZI Bullish BreakoutThe price is currently testing resistance around 0.63, after rising from 0.575. The volume profile indicates high activity around 0.58-0.62, showing strong interest.
The EMAs reflect a bullish shift, with the 20 EMA approaching a crossover above the 50 EMA.
After a period of squeeze inside the tri
Ramelius Resources (ASX: RMS) –A Tactical Re-Entry Zone?🟡 Gold-Linked Opportunity: Ramelius Resources (ASX: RMS) – A Tactical Re-Entry Zone?
Context: Ramelius Resources, a mid-tier Aussie gold producer, is showing signs of technical exhaustion after a strong rally from its 2024 lows. With gold prices consolidating and RMS pulling back to a key support z
Trade Idea: WES.ASX – VCP Breakout Play (Buy Setup)🔹 Entry:
✅ Bought @ $85.45
📍 VCP-style setup with tight consolidation above 21EMA/50MA
📈 Early signs of breakout with volume confirmation
🔹 Stop Loss:
🚨 Initial Stop @ $81.56 (Below supertrend support)
⚖️ Risk defined at ~4.6% from entry
🔹 Target Zones:
🎯 T1: $89.30 (1R)
🎯 T2: $91.80–92.50 (2R zone
Vys longPotential long buying opportunity on Vys. Fourth push up looking to breakout of the wedge consolidation pattern, short term Ema all converging and volume starting to increase into what should hopefully be a strong 2h earnings report. There has been strong buying from its recent low of 0.34c qll the
Conservative 630% upside for Horizon MineralsHello and thanks for viewing.
I tend to write a lot. My valuation is based on a few assumptions;
- There are no new material ore discoveries as extraction progresses,
- The gold price doesn't rise over time,
- The miner will have the 'average' profitability of gold miners of 11% (I use 10%),
- The
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