The Parabolic Indicator is one of four to be highly acclaimed, that were devised by mechanical engineer, turned real estate developer, turned technical analyst, J Welles Wilder. The others are: The Relative Strength Index (RSI) The Average Directional Index… Read More ›
Will the mining stocks continue their resurgence?
This is a weekly chart of bellwether mining stock BHP Limited extending over the past 9 years. Investors are accustomed to seeing gradual, and protracted, up-trending share prices, terminated by abrupt and usually unexpected, precipitous falls, leaving them well out… Read More ›
Is it Time to Buy Telstra?
For those retail investors, like myself, who prefer longer stays in stocks rather than quick ins and outs, a weekly chart over a 5 year term provides an essential longer-term perspective in addition to the basic 12 month daily chart…. Read More ›
Have the Big Four Banks finished falling?
The financial year 2016/7 had been a good year for investors in Australia’s four major banks until, or more accurately just before, Australia’s Treasurer Scott Morrison delivered the 2017 Budget on Tuesday May 9. The budget imposed a 0.06% levy… Read More ›
Chart Review – W.H. Soul Pattinson (SOL)
This stock has been chosen for chart review to assess the impact of the legal dispute between Perpetual Limited and the Millner family, over the cross-links between Soul Pattinson and Brickworks, links which may be prejudicial to unlocking dormant value… Read More ›
Worth watching! – Chart Review of Admedus (AHZ)
This is another chart of Admedus, a Healthcare stock I have followed and frequently posted about, over the past 4 years. I acknowledge that I am a shareholder, and therefore have a pecuniary interest in the stock, but I have… Read More ›
Market falls you can’t avoid – Chart Review of Coca-Cola Amatil Aust (CCL)
It is unheralded precipitous market falls such as this not so disastrous one, which can drive investors and their broker advisors to jump out the proverbial window. Technical Analysis may not always warn of the approach of such catastrophic developments… Read More ›
Market Beauties and Beasts.
My advice on selecting stock and time-frames!! I no longer try to select the most gorgeous, in beauty parades of attractive stocks.; nor necessarily reject others because they are plain. I value character, above appearance. Tempestuous intra-day stands, and fleeting… Read More ›
The KISS Principle for Retail Investors – Chart Review of CSR Limited.
If you don’t understand a business, a financial instrument, a rationale for investment, or whatever else, ignore the hype and stay clear of it. I have difficulty understanding charts with multiple indicators confusingly displayed, so discard them. I try not… Read More ›
Boral Limited completes Headwaters acquisition – Chart Review
Completed May 8 2017, it has been no mean feat for Boral. Headwaters, a concrete products manufacturer located near Houston Texas had a high price tag of US$ 2.6 billion, but its revenue for 2016 was US$ 1.1 billion, and… Read More ›