WaYnE

I exchange opinions on S.M. on shares in the ASX. I am here to learn. I am wrong more often than right.

D.Y.O.R.

[WaYnE @Where_is_Wayne]

@TwinTurboCe1ica 2L subsidised by big pharma...

[Static 𝖌𝖒⚡️𝖌𝖓 @StaticNFT]

@AMAZlNGNATURE Ummmm put it back

[Rui @Ruycorto]

Which #ASX stock would you like me to analyze?

I'll pick a few and post the charts over the weekend.

Like & Retweet, and your chart request will be 100% guaranteed! 🙏

Enjoy your weekend, everyone!

[Rui @Ruycorto]

Lets take some chart requests

Which $ASX Stock would you like me to do?

I'll pick a few and post over the weekend

Like & Retweet and your chart request will be 100% Guaranty 🙏

[David Gilmour @davidgilmour]

A limited number of Choir Seats are to be made available for next month's otherwise sold out Royal Albert Hall shows in London.

The tickets will be on sale from tomorrow (Thursday) at 10am BST, from https://t.co/QbXB4oPDPn.

[Clinton Maynard @ClintMaynard2GB]

Daniel Ricciardo formally dropped by Red Bull. Marko says it's because he lost his killer instinct. Maybe but at least he still has his decency unlike his former employers. Has done more to popularise F1 than any other driver in the last 10 years. Let see him at Bathurst.

[Rui @Ruycorto]

Friday Chart Request - #ASX

Which stock would you like me to analyze?

I'll pick a few and post the charts over the weekend!

Like & Retweet for a 100% guaranteed chart request!

Wishing everyone an awesome weekend! 🙏

[Neil Jenman @neiljenman]

If anyone’s interested, here’s a short summary of the claimed auction success rate today and the truthful rate.

MELBOURNE:
Claimed 65.9%.
Truth 46.8%

SYDNEY:
Claimed 63%
Truth 37.5%

[Rui @Ruycorto]

🚨 Due to Market conditions we are accepting chart requests #ASX

Like and Share for Your request to be fulfilled 🙏

“Chart will be posted next 24H “

[WaYnE @Where_is_Wayne]

@ClintMaynard2GB

[Elon Musk @elonmusk]

…

[Jet Ski Bandit @fulovitboss]

Twiggy is a fkwit

[Stockrocker @Stockrocker_ASX]

Warning to those belonging to a pump group

[Rui @Ruycorto]

Which $ASX stock would you like me to analyze?

I'll pick a few and post the charts over the weekend.

Like & Retweet, and your chart request will be 100% guaranteed!

It's been a tough week, so take the weekend to rest and reset.
Happy weekend, everyone! 🙏

[WaYnE @Where_is_Wayne]

@ocieaja

[Rui @Ruycorto]

101: How to Master Entry, Take Profit (TP), and Stop Loss (SL) 📈 #SwingTrading #TechnicalAnalysis #StockMarket

1/ Let's dive into a practical example using Coinbase Global Inc. (COIN) chart!

2/ First, identify key patterns. In COIN's chart, we spot a Falling Wedge pattern - typically a bullish reversal signal.

3/ Entry Point: After the Falling Wedge breakout, we look for a retest of the support line. The entry long position is confirmed once the price successfully retests and bounces off the support.

4/ Stop Loss (SL): Place your SL just below the support line to protect against unexpected downward movements. In this case, around $179.59.

5/ Take Profit (TP): Set your TP based on resistance levels or historical highs. Here, we've identified multiple TPs: TP1 and TP2 based on the previous highs after the breakout.

6/ New Uptrend Confirmation: Post the breakout, observe how the price establishes a new uptrend. Use trend lines to track this upward movement.

7/ Always watch for volume spikes during breakouts. High volume confirms the strength of the move. In COIN's case, volume supported the upward trend.

8/ The RSI (Relative Strength Index) can help identify overbought/oversold conditions. RSI above 70 suggests overbought, while below 30 suggests oversold. Use this to fine-tune entries/exits.

9/ False Breakouts: Be cautious. COIN had a false breakout before confirming the real breakout. Always wait for confirmation (retest and bounce) before entering.

10/ Swing trading is about patience and discipline. Let the tape play itself. Avoid chasing bottoms and overtrading. Stick to your strategy and adjust based on market conditions.

By following these steps, you can enhance your swing trading strategy and make informed decisions. Remember, trading requires continuous learning and adaptation.

[WaYnE @Where_is_Wayne]

@fulovitboss X needs a laugh emoji to press, sometimes a heart does not feel right

[WaYnE @Where_is_Wayne]

@mrkstructure

[Rui @Ruycorto]

Which $ASX stock would you like me to analyze?

I'll pick a few and post the charts over the weekend.

Like & Retweet, and your chart request will be 100% guaranteed! 🙏

Happy weekend, everyone! 🙏