Founded in 1837, Australian Gas Light was the second company to list on the Sydney Stock Exchange and has become Australia’s largest electricity generator. Despite its reliable pedigree AGL disappointed this week by announcing on the 9th of February 2023… Read More ›
Are there headwinds just ahead for the Aussie stock market?
Why might it be helpful for ageing (and other) investors to occasionally study index charts, and not just the charts of the stocks in their portfolio? One response, applicable to the charts of the various Australian market sectors, might be… Read More ›
Is it a good time for retirees to buy Wesfarmers?
From a Technicality Analysis point of view, yes it probably is. Wesfarmers is classed as a conglomerate, but it has over many years managed the diversity of its businesses successfully. Renowned quality retail ventures, such as Bunnings, Officeworks, K Mart,… Read More ›
Improve your decision making with multiple technical tools
The Buy or Sell Quandary Technical analysis, beloved by some, scorned by others, is a market assessment aid which can increase the reliability of making correct calls such as the oft recurring quandary of “Do I Buy, or Do I… Read More ›
Should aged pensioners hold shares?
Conventional wisdom strongly recommends investors avoid putting “all their eggs in one basket”. Rather, they should build a balanced portfolio so gains and losses on individual holdings will balance out and result in a more even return over time. This… Read More ›
CSL – a reliable performer for retirees
This is a six month daily candlestick chart of market darling CSL, from Incredible charts. Long-suffering retirees who for more than a decade, have endured negligible interest rate return on their bank deposits, have again been denied relief in the… Read More ›
XAO Index on course to test resistance at 6500
A post written on January 13, 2019, pointed out that a 6 month, 1000 point down-trend in the XAO had ended, and that technically there was a change in trend, creating a Buy signal. The updated chart above shows the… Read More ›
Is Telstra now a Buy for Retail Shareholders?
I wrote a post “Ten Years of Telstra” nine months ago, pointing out that the giant telco was hovering near historic lows, and had been a proverbial dog from a consumer’s perspective. https://technicality.me/2018/04/19/ten-years-of-telstra/ Little has changed for shareholders since then…. Read More ›
AHZ – Healthcare bargain?
10 year weekly candlestick chart for Admedus The chart above, supplied by Incredible Charts, shows an unrelenting decline in the share-price from a high of $1.80 soon after a 10 for 1 share consolidation, to a current wealth-destroying price of 6 cents for long-suffering shareholders. However,… Read More ›
A Promising Start to 2019 – XAO
We are only two trading weeks into the New Year, but it is worth noting that the 1000 point downturn of the XAO (from 6500 to 5500) is rebounding at present. The share index action has broken through the 6… Read More ›