Am Asia Ex Jap Discussion Threads

[bamboo2] 22/1/2022 11:18

Thanks Marty.

Bulkowski says we should divide up the DH3peaks pattern into its constituent patterns.
The end of this one is a H&S [red]
If the price closes below the support line [orange] a Double Top is confirmed.
Note possible turn dates Feb6 and Mar1

[martywidget] 22/1/2022 08:11

Bamboo, thankyou for your input in answer to my queries of my thoughts.

I think you'll like these 2 charts below on BTCUSD


free stock charts from uk.advfn.com


Bulkowski on Three Peaks and Domed House

[bamboo2] 18/12/2021 20:59

mf, anticipate this will be ok on fundamentals, but chart telling another story.









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Oxford Nanopore Technologies [ONT] is a company producing Next Generation Sequencers, [NGS] that read the DNA of living things. It addresses a rapidly expanding market and is used everywhere from the Arctic to Equator, the ISS to Aquatic projects on the sea bed. The business has two main income streams supplying hardware, and selling consumables.

The UK recently announced a £5 billion pound package in R&D to spur innovation in healthcare over the next three years. It is likely that ONT will be the recipient of some of this investment money, as Genomics England begins implementation of a wide range of decentralised tech projects. The Health Service is just one potential customer. There are numerous other health based projects around the world that will need a similar level of investment over coming years.

Other opportunities include environmental applications and population science. The NGS market has a CAGR anticipated at approximately 20% between now and 2030.

[simon gordon] 06/11/2021 19:21

Hi Mate,

I don't have a Trading View sub.

Looks like MNZSs ready to break out if the good macro news continues re: Covid.

[bamboo2] 04/11/2021 09:28

On last market chart, 17/11/2021 [x2] unsure of direction, watch inbound trend for likely direction.

Yesterday I did try to do a chart on advfn but it was really glitchy, so gave up.

There are a number of gaps [forming possible resistance zones] to be aware of on the downtrend approx FEB 20

Rather than go through them here, do you have a free subscription to the trading view charts?
I could probably share screenshots if you did?

It's slightly tricky to get started, but once you do it's a doddle.

[simon gordon] 03/11/2021 12:20

Hey Bamboo,

MNZS looks interesting chart wise. Any turn dates coming up?

[bamboo2] 31/10/2021 10:17

sdry That's a flag forming.

[simon gordon] 31/10/2021 10:15

Hi Mate,

I know the problem. Not sure how you overcome it if you are trying to pin point turn dates. Looks like there are a lot technical trades playing IPO with the 10p bands.

[bamboo2] 31/10/2021 10:06

Hi Simon, over recent sessions, the daily IPO chart shows some long candles the were mainly shaped by the opening auction in which there was little if any volume showing.

I can use these candles for drawing trendlines, but my experience in the past is that these outliers cause me problems in using patterns, and particularly in judging future turn dates. Any ideas how they should be handled?

[bamboo2] 28/10/2021 19:10

sdry, just about to have a look.

sg , it's another INVH&S, confirmed with eod close above 296.5 tp is 350
hr at 300, 343, 400
hs approx 245, 225
turn today, can't ascertain direction until after tomorrows eod close.
Next turn is soon, 2/11/2021

Looks good

The larger pattern you mention would be better seen as a bowl, or larger invh&s.

[simon gordon] 27/10/2021 16:11

SDRY - looks an interesting chart. Is that a big cup and handle: 2019 to 2021?

[simon gordon] 26/10/2021 13:55

Cheers!!

Does look good and the story stacks up. Chairman did a presentation last week at a Mello and was very straight up. Been around the block and was confident share would recover in time from Covid.

[bamboo2] 26/10/2021 13:45

Hi Simon, At first glance yes, but zooming out it looks more INVH&S reversal to me.

eod close above 110 to confirm for a tp approx 130-133
Hr at 112, 130
Support 105
Price currently above rising 50, falling 200, but about to cross. [edit, typed below, meant above, have edited]

Looks excellent from a long pov
Potential turn 17-18/11/2021

[simon gordon] 26/10/2021 10:07

Bamboo,

AVAP - cup and handle pattern?

[simon gordon] 24/10/2021 17:25

I think I will be watching the volume and if a giant block goes through I will buy in.

Maybe it will go for around that 130p mark. Then rally back to 200p. Potential 40% trade if it comes off.

I haven't contacted them. I now find that Investor Meet webinars, RNSs, charts and google search is enough for me nowadays. I really like Investor Meet and there are usually some smart questions from investors at the end.

[bamboo2] 24/10/2021 17:11

Sg, There's support approx 143, 132 & 120.
Important to know, as the biggest obstacle for chart patterns hitting tp's is support for downward targets, and resistance for upward targets

Tradingview chart next possible turn date is 11-12/11/2021
Tradingview says 7/12/2021 for next update.

Have you tried a q email to IR at the co? Ask them if they know who is and why are they selling? Since the lockdown I have had some interesting emails exchanges with various co's. Makes you feel more connected!

It's too time consuming trying to work with the advfn charts, there is little precision when placing trendlines and they jump around as you scale up and down!

[simon gordon] 24/10/2021 16:30

That's a brutal target. Really need to lose a lot more clients for it to happen. I'm watching.

The new CEO has a strategy and brought some new talent in.

Someone in size wants out.

[bamboo2] 24/10/2021 12:24

Simon, thanks. The bigger picture on the weekly shows a H&S with a tp approx 85-90

[simon gordon] 23/10/2021 14:44

Get well soon!!

Xx

[bamboo2] 23/10/2021 14:37

Hi SG, thanks for the earlier message. I have had a bad cold so been out of circulation for a few days. I will look again at this chart. The turn earlier in the week failed to materialise.

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$gold chart showing a confirmed bump and run reversal.
Target price, $1461 is near historical support approx $1451
Possible turn 24/11/2021 [watch inbound trend for likely direction]

[simon gordon] 22/10/2021 13:43

Hi Bamboo

IOM - what do you reckon to the low 130s as a possible bottom?


free stock charts from uk.advfn.com

[bamboo2] 19/9/2021 17:41

simon, AGFX I had trouble getting into this, so will revisit when more in the mood!

Price below falling 200&50smas means I guess we are looking for a reversal pattern.
The orange lines show support and resistance levels.
Eod close above 105, then 109 to confirm a DB

Possible turns 4/10/21 & 22-25/10/2021