Tops in? #asx Silver speculative stocks generally tracking the fortunes of overnight sector moves - like the $SIL ETF - without that pump they seem flat
$HCH resistance here is serious so result is a trading range - you have to wait for a strong clean break otherwise you get chopped up in the range #asx
Today I have included 30M chart pullbacks - why? - after strong moves, and breakouts you often get micro counter trend moves (little bull flags) - these are fertile trading spots when there is strength behind the initial move or breakout but often they only show up on 30M time
#asx scan after Wednesday close looking for stocks in strong weekly trends or emerging daily trends that are currently going through a lower time frame counter trend move. When these moves fail they can be very good trend entry trades
$HCH chart update - the lower time frame trend is broken and latest rally stalls at resistance - we have to trade it like a trading range (strong breakout followed by a weak pull back) a few notes on chart #asx
$SS1 reversal base at weekly trend - sector strong overnight - trying to push up through strong resistance - use a lower time frame to find an entry setup where you won't get chopped up by the selling - wait for a sign of strength punch up through resistance and with that