Identifies ASX stocks on the Daily Timeframe in a confirmed uptrend that retrace to their MA20 or MA50 and form a bullish reversal candle — signalling buyers stepping back in at a key support level. Each candidate is automatically tracked with a defined entry, a −5% stop, and a +15% target, and monitored until it resolves as a Winner or Invalidated. Candidates and prices are updated every hour during ASX market hours.
Uptrend Confirmed
MA20 > MA50 > MA100
MAs act as dynamic support in an uptrend — buyers step in at these levels
Pullback to MA
Price reaches MA20 or MA50
Pullbacks offer better risk-reward than chasing breakouts
Reversal Candle
Hammer · Engulfing · Doji
Reversal candle confirmation pinpoints exactly where buyers defended
Volume Behaviour
Contracts then expands
Volume expansion on the bounce signals genuine buyer conviction
Close of the reversal candle at the MA
−5% below entry · below reversal low
+15% above entry · R:R 3:1+
Retrieving Data