12 ASX Shares to have on your watchlist that are ready to fire!!
Below is a list of ASX shares that have been sold off and now look ready to move higher!!
When looking for shares to add to the portfolio, I am always looking for a technical entry when the ‘outcome is unknown‘ giving me the best risk to reward payouts. Over time I have refined my approach to look for key price action criteria; for the particular market or stock that I am looking at; to get me in a position ahead of the herd for a potential rally. For shares, I like to see price go through either a major or minor contractive phase which generally proceeds an expansionary phase…which is where we want to be for a high probability trade.
Below is a list of some shares that I believe are ready to fire as they tick the right boxes for expansion.
ASX shares AAC, AFI, AIS, AMP, DBI, DTL, DUI, ILU, LYC, MCR, MNS and MVF.
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