The following are ASX stocks from my watch list that I am stalking this week. Some are breaking above weekly trend lines or look close to it. There are a few ascending triangle patterns here as well; another of my favourite patterns!

 

ASX-200 monthly: It is Spring down in this part of the world and I’m looking for the theme of new growth and new opportunity to imbue our top 200 index, the XJO, as it limps on to the pre-GFC High circa 6,800. Our ASX-200 index has lagged those of many other countries: the S&P500, DJIA, NASDAQ, Russell-2000, DAX and FTSE have all move beyond their pre-GFC Highs so I’m looking for some catch up on our index:

 

 

Stocks:

A2M weekly: a Bull Flag breakout has started:

 

ALQ weekly: a break and hold above $9 would have me looking for a move to the previous High, near $13:

 

APT daily: A bullish ascending triangle in the making? Or a Bull Flag? The maths is the same!

 

BGA weekly: A bullish ascending triangle in the making here too? Target = $12.40:

 

BLD weekly: and here too? Target = $15:

 

EOS weekly: and close and hold above 43.50 would bring $6 into focus:

 

IGO weekly: watching to see if price bounces at $4 support:

 

MGX weekly: watching to see if this can recover above $0.50 cents:

 

MYE weekly: any hold above $1.25 would underpin a push to previous Highs:

 

NAN weekly: A bullish ascending triangle underway here? Or a Bull Flag? The maths is the same!

 

QBE weekly: the target for this breakout is $25:

 

SIV weekly: watching for any potential recovery:

 

SYD weekly: A bullish ascending triangle in the making? Or a Bull Flag? The maths is the same!

 

TLS weekly: the target for this bullish descending wedge breakout is $5:

 

TWE weekly: A bullish ascending triangle in the making? Or a Bull Flag? The maths is the same!

 

VOC weekly: any break and hold back above $3 would have me looking for a push to $6: