A 12 month daily chart of Rio Tinto for 2016 2. A weekly chart of Rio over the past 5 years It is a truism that charts can only ever show past price movements, and cannot foretell future variations. A… Read More ›
Chart Review
Chart Review – BHP-Billiton (BHP)
This is a daily chart of BHP-Billiton over the past twelve months courtesy of Metastock with data from Paritech Limited. It is not meant to influence the investment decisions of investors who should always consult their own stockbroker/ financial adviser… Read More ›
Chart Alert – CSL Limited
Healthcare heavy-weight stock CSL Limited peaked 25/07/16 at $121.25, but the share-price has since been in decline to reach a low of $91.62 on the 12th December 2016. There has been a strong rebound since then with the share price… Read More ›
What are your investment resolutions for 2017?
To plan well for the coming year, investors must foresee opportunities and risks that might present, and how they can be best exploited. Serious investors will undertake their own specific fundamental research but a study of the charts of the… Read More ›
Chart Review – Sirtex (SRX)
This is a weekly candlestick chart from Metastock. In the time-frame of five years CEO Mr Gilman Wong oversaw an amazing climb in the share-price from $5 to $40. I have never been a shareholder of Sirtex but have followed… Read More ›
Hills Industries (HIL). Always have a Plan B!
This chart review is an update on the fortunes of Hills Industries from September 2016. https://technicality.me/2016/09/13/chart-alert-hills-industries-hil/ A wise mantra for investors. Always have a Plan B Just in case company plans go astray, the trading environment changes, and heaven forbid,… Read More ›
Capital raising stalls Boral’s uptrend.
The Metastock chart below is a daily chart dated September 16, 2016 reproduced in a post published September 22. https://technicality.me/2016/09/22/chart-review-boral-bld/ Daily chart of Boral September 16 Over a period of 8 months, the share price of Boral had been re-rated… Read More ›
Chart Alert – AMP Limited
My post Oct 27, 2016, identified five impulsive moves in the past 12 months which could have yielded worthwhile capital gains in-spite of the share-price being locked in a trading range between $5 and $6. Retail investors will pay a… Read More ›
Chart Review – AMP Limited
Past profitable price behaviour may alert investors to look for similar opportunities in the future. But circumstances never remain static, so it is not a strategy on which one should rely. The daily chart of financial giant AMP could illustrate… Read More ›
Chart Review – Commonwealth Bank (CBA)
The five year weekly chart of CBA shows that $70 has become an important resistance to support level. In the three years to March 2015 its share-price doubled from $48 to a high of $96 exciting speculation that it… Read More ›
