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 ›
Technical Analysis
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 ›
Admedus again!
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 ›
New Hills Facility opening at Seven Hills – Chart Review of HIL
There can be no doubting the power of news releases, whether unbiased and factual, or based largely on supposition, to motivate market participants, and influence company price action. This daily candlestick chart (Chart 1), extending over the past year, illustrates… Read More ›
Plan your strategy for the downturn now!
So far it has only been a two trading day correction, but the severity of the share-market fall emanating from the US, is deeply concerning for Australian retail investors, particularly retirees. The chart below is a 5 year weekly candle-stick… Read More ›
Hemp Seed Honey! Chart review of Eve Investments (EVE).
https://www.businessinsider.com.au/australian-made-cannabis-honey-is-coming-soon-2017-11 It may not have the euphoric properties of smoking cannabis, but a new honey product has been formulated which incorporates the seeds of hemp plants in honey, and is claimed to have nutritional and health benefits, as well as… Read More ›
Taking profit along the way with Admedus (AHZ)
The daily chart above displays the price action of emerging health-care stock Admedus, a stock I have frequently reviewed over the past 5 years on this blog. It has promised much, but the share-price has gone nowhere in that time,… Read More ›
The Head and Shoulders Pattern. A chart review of Beach Energy (BPT)
I have posted this chart of SA based oil and gas explorer Beach Energy to illustrate how valuable the well-known “Head and Shoulders Pattern” can be in assisting retail investors to more optimally time their investments, heralding as it often… Read More ›
Is Australian Agricultural Company (AAC) a Buy?
I have profitably traded Beef Cattle Producer Australian Agricultural Company (AAC) four times over several years, the last occasion being in the first half of this year (2017). My entry was staggered over a five week period from 20/01/17 until… Read More ›
A tale of two stocks – Brickworks and Blackmores.
Australia’s Federal Court recently resolved a dispute between Australia’s premier financial management and trustee company Prudential Limited, and Robert Millner companies Sol Pattinson, and Brickworks with just over 40% cross-holdings in each other. Legal counsel for Prudential argued that such… Read More ›