CSL Limited has rarely disappointed retail shareholders with a simple buy and hold strategy, even when other stocks were being savaged as in the Global Financial Crisis (GFC). Yet the share-price trajectory of CSL is not always upwards. Inevitably… Read More ›
The Metastock chart below has been divided into four zones of price action by four perceived horizontal support/ resistance levels. Of the four, only zone 1 could be regarded as constituting a conventional trading zone with about 6 months of… Read More ›
The privatisation of Telstra was a financial bonanza for the Howard/ Costello government. The first tranche alone, selling 33% of the government’s telecommunications enterprises, raised A$14 billion for federal coffers. Presumably the total revenue raised topped $50 billion. Along… Read More ›
It matters little that despite the drawback of incumbency, Malcolm Turnbull has stayed ahead of Bill Shorten as preferred Prime Minister since the last election. Nor is it relevant, it would seem, that the weekly Roy Morgan polls with a… Read More ›
In this post are 2 yearly charts of the All Ordinaries Index, the first from Incredible Charts, the second from Metastock using Paritech data. They look back on the extraordinary two day fall of the ASX on the 5th and… Read More ›
This is a 12 month daily candlestick chart of the New Zealand born A2 Milk Company, provided by Metastock and using data supplied by Paritech. The difference between A1 and A2 milk is limited to one amino-acid, histidine instead of… Read More ›
NXTDC, provider of 8 IT data centres in 5 major Australian cities, enjoyed stellar appreciation of its share-price from $4.02 on the 24/07/17, to a high of $7.85 on the 23/02/18. The 12 month candlestick daily chart by Metastock… Read More ›
This is a monthly candlestick chart of the Commonwealth Bank of Australia depicting the growth of the share-price since 1997, courtesy of Metastock and Paritech data. After forming a head and shoulder pattern in 2014 and 2015. the share-price rallied… Read More ›
On this daily chart of Australian oil giant Woodside petroleum, the share price looks to have consolidated in an earlier trading range between $27.90 and $29.60. An uptrend looks to be emerging within this consolidation pattern, and the share price… Read More ›
https://technicality.me/2018/03/08/admedus-adapt-products-gaining-market-traction/ I trust readers will forgive me for another post on this emerging global health-care stock, Admedus. I keep coming back to it for subject matter, not to “ramp” it up, but rather to focus my attention on how its… Read More ›
