Chart Review

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 ›


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 ›

Woodside Petroleum

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 ›