Taylor

ASX swing trader & investor | Sharing potential breakout setups | Not financial advice, my opinions only.

[Taylor @TaylorASX]

Bears sound clever; bulls make money.

[Taylor @TaylorASX]

@Grimezsz Go watch Primal to scratch that prehistoric itch

[Taylor @TaylorASX]

@DemoniacoASX Meliá Phuket Mai Khao

[Taylor @TaylorASX]

@thechartist I think @BillAckman answers your question

https://t.co/RZWz4xRMHF

[Bill Ackman @BillAckman]

The business community is giddy with excitement about the @realDonaldTrump administration. I am hearing this from everyone, including from people who didn’t vote for Trump.

Business confidence is a self-fulfilling prophecy. Business leaders are becoming more confident about the country and the economy. This means they will be making more investments in our future which will drive the economy and the stock market, reducing the cost of capital and bolstering confidence further, catalyzing more investment and more growth in a self-reinforcing, virtuous cycle.

Merger and acquisition activity is about to explode as there are an enormous number of deals that have been deferred pending a more favorable regulatory environment for transactions. M&A will drive efficiency, greater profitability and growth. It will also enable the return of capital to investors who will seek to redeploy their profits and proceeds in new investment opportunities.

The DOGE and deregulation will drive government efficiency and make America a vastly better and lower-risk place to do business efficiently and effectively.

I am also hearing about non-US companies that are desperate to immediately create a presence on U.S. soil. They are frightened to be locked out of the most important economy in the world. They will build factories and make new investments here to avoid the risk of tariffs and because they don’t have a better place to invest capital.

China’s economy is in trouble. Europe’s is a mess. The U.S. has now become by far the best country for investment.

Growth is about to explode.

[Taylor @TaylorASX]

@nrossett Yep nasty shakeout prior to breaking out, par for the course in this market unfortunately! Nice hold, looking solid

[Taylor @TaylorASX]

$CAT.ax I overstayed on this one (entry 20/06) and rode out the shakeout on 24/06 and price hadn't done much since..

Somehow it managed to find a breakout today, haven't peeled any and raising stop to break-even.. Not the prettiest trade but either it follows through or I'm out

[Taylor @TaylorASX]

@eadatt Been enjoying the quality of answers from Perplexity much more than ChatGPT. Perplexity cites sources which is also very helpful

[Taylor @TaylorASX]

$XSO

[Taylor @TaylorASX]

$XSO three months in the making

[Taylor @TaylorASX]

@jfsrevg @LoneStockTrader Woolies* 😉

[Taylor @TaylorASX]

@sreb25 Looks primed, hopefully see a breakout next week 👌🏼

[Taylor @TaylorASX]

$MMC $MMC.ax

[Taylor @TaylorASX]

@Alonzo_CTHG @nrossett Yep long time coming, hopefully some continuation on Monday after a solid performance from PM’s overnight

[Taylor @TaylorASX]

$AMI new position on this today

Note the significant drop off in volume over the prior two sessions, that is often a key signature preceding a breakout

Closed at multi-year highs and hopefully just getting started

[Taylor @TaylorASX]

$AKM.ax not a tonne of volume within the flag

Interested to see which way it resolves

[Taylor @TaylorASX]

$CYL surfing the 10ema as into new highs

[Taylor @TaylorASX]

$WA1 annoyingly missed this on Thursday after putting in back-to-back inside days

Price managed to consolidate between the DTL and previous swing high in a nice contracted range without giving back much of the prior day gains

Bullish setup for next week imho

[Taylor @TaylorASX]

$ZIP can't deny this has given a lot of chances along the way

Nice retest of prior 52-week high on Friday with close above the level

[Taylor @TaylorASX]

$XEC mounting an attack here

[Taylor @TaylorASX]

#Zinc weekly running up into new yearly highs

[Taylor @TaylorASX]

$LTP slowly etching higher here

[Taylor @TaylorASX]

$LTP.ax small position in this from earlier in the week, hasn't done a whole lot but interest shape leading into next week

[Taylor @TaylorASX]

$LTP.ax this is the kind of response you want after a few days of range contraction

Not a perfect close but some steady buying today, hopefully more in the tank for tomorrow

[Taylor @TaylorASX]

Yep we certainly got a break in the range but in the wrong direction for longs unfortunately.

Entry was never triggered on this one

[Taylor @TaylorASX]

$DXB volume dried up today as the EMA's start to converge on this pullback

Would like to see a break from this range in the coming days