Property Sector Lighting up the Launch Pad | The ASX 30 30 List

Scanning less to find the market leaders: Gary covers the Weekly 3030 List for the ASX's Top Momentum shares for the quarter and weekly leaders. Reviewing the List Gary covers the trades he's looking at that are on the Launch-Pad, fuelled up and ready to run. Exploring the charts to understand the best performers today and those poised for a breakout in the next week or two.
Gary Glover maintains his 4 most important trading lessons that helped him produce his best trading returns yet; The importance of Focusing on the right strategies, being in the right areas of the market, scaling into positions, risk management and a bonus insight of how insightful reviewing your trades can be
Market Leaders make new highs on the ASX as their momentum carries the share prices higher. Understanding the leaders is the first start to identifying the next leaders. Surfacing top trading shares on the ASX by combining two leading scanning and filtering tools. William O'Neil's Relative Strength Index (RS Index) and Mark Minervini's Volatility Contraction Pattern (VCP) are two of the most highly regarded filtering methods to find the market's best trading shares. Applying these scans to the ASX to find a shortlist of trading shares to review.
ASX trading history shows that the strongest rallies have come from the Small-Cap miners, out-performing the larger caps that contribute to the theme help drive the market as the ASX200 reaches new highs. Investors Business Daily publish RS Index data for the US, although this data is harder to come by for the ASX. Finer Market Points looks at the best small-caps to understand their charting patterns, volume, timing, and gains to find Pocket Pivots, Volatility Contraction Patterns, Buyable Gap Ups, and High and Tight Flags along with RS Index and VCP scanning. These are used in conjunction with canslim (CAN SLIM) and Wyckoff's theory.
Chapters:
0:45 Gary's market observations
2:10 ASX200 (XJO) breaking to highs, what next?
4:30 Would J. Powell be a good trader? Why?
8:45 NVIDA Chart Analysis and overbalance of the trend
11:30 ASX Momentum Leaders
11:45 FBR ASX - AU exporting robotic bricklaying to US
14:05 ACW and High Tight Flags
25:00 IMB ASX Cup and Handle?
27:00 Launch Pad Leaders
27:45 New Leading Themes - Property Leaders Growth, Fund managers favouring them and fundamental data.
32:00 SGR ASX VCP
36:00 Gary's top charts for the week - XRO
38:00 ASB
38:50 JLG
39:30 IMR
41:30 M4M
42:30 Gary's favourite set-ups and approach to this market
44:30 Staying concentrated into the strongest leaders
45:50 Constantly reviewing trades
47:00 Scaling out of positions and tweaking trading approach
Companies discussed today are:
FBR, ACW, TTT, CYL, ASB, SKS, DDB, HAS, IMB, AIM, CWP, COF, JDO, PEN, SGR, OCC, AIM, DYL, PDN, VYS, DDR, NXG, XRF, XRO, AGC, PH2, M4M, ASB, JLG, IMR, DTL, STO, WDS, RMS.
FBR Ltd, Actinogen Medical, Titomic Limited, Catalyst Metals, Austal, SKS Tech Group Ltd, Dynamic Group, Hastings Tech Met, Intelligent Monitor, Ai-Media Technologie, Cedar Woods Prop, Centuria Office REIT, Judo Cap Holdings, Peninsula Energy Ltd, The Star Ent Grp, Orthocell Limited, Deep Yellow Limited, Paladin Energy Ltd, Vysarn Ltd, Dicker Data, Nexgenenergycanada, XRF Scientific, Xero Ltd, AGC Ltd, Pure Hydrogen Corp, Macro Metals Limited, Austal, Johns Lyng Group, Imricor Med Sys, Data#3, Santos, Woodside Energy, Ramelius Resources.
Gary’s Magnificent 7 (ASX) Breakdown:
7x ASX Best Momentum Stocks | DRO GTK CU6 SPR WA1 NXL BMN
The World’s Best Traders Review:
How to Achieve Triple-Digit Gains | The World’s Best Traders
Mark Minervini's Volatility Contraction Pattern (VCP) tutorial here:
www.arrowequit...
Lithium Breakout Stocks on the ASX:
• Lithium breakouts | VC...
High and Tight Flag tutorial using Small-Cap Miners as exampled is here:
• Charting Tutorial | th...
Trading Pocket Pivots from Gil Morales and Chris Kacher's extension of William O'Neil and his CAN SLIM trading methods:
• Pocket Pivot Tutorial ...
Our playlist on technical analysis on US and AU share markets is here:
• Gary Glover
Finer Market Points connects leading market themes with the best-performing companies for better trading. Finer Market Points is presented by Christopher Hall with Shares In Play looking at the best performing growth shares and ASX small caps riding the tailwind of the industry themes leading the market higher. The Hot stocks to trade now range from ASX 200 blue chips to small tech stocks and mining stocks with the strongest performances.
[Disclaimer: this is not taxation, financial or advice. Seek your own professional opinion on how these investments impact you and your personal circumstances. Presenters may have commercial interests in the investments discussed]
Top6 #FinerMarketPoints #VCP #Markminervini #SharesInPlay Wycoff theory

[@tydeeup1548]

Awesome stuff, Thank you.

[@finermarketpoints]

Thank you

[@chrisbuckley3403]

Be good if it was clearer which stock you are talking about. it is hard to see the ticker codes.

[@finermarketpoints]

Good insight - thanks Chris

[@mytradingdiary5047]

@@finermarketpoints maybe label the ticker in the middle of the chart.. which is easily done. is in the chart options section

[@kevindoyle4191]

Thanks for your thoughts - perhaps I should now be treating CBA as a growth stock

[@finermarketpoints]

CBA is not the largest company on the ASX, just ahead of BHP. Interesting multiples for such a mature company with no forecast growth for the next year...That just reinforces that 'leaders lead longer than we expect them to'.

[@ctcapital5]

What chart platform is this?

[@TheMybestofbest]

Amibroker

[@RavenRaven-se6lr]

Powell would loose money trading- using other people’s money! Trillions in debt wrong disagree