This post updates one written on April 26, 2018 that was bullish for its prospects. https://technicality.me/2018/04/26/csl-limited/ Some six months later, the 12 month daily candlestick chart shows that the optimism expressed was well justified. with the share-price not only reaching… Read More ›
Capital gain for Admedus! Capital loss for shareholders participating in the SPP!
Just when Admedus shareholders were starting to smile again, the grin was wiped off their faces by the announcement of another capital raising on the 10th May 2018. The share price, after reaching an anticipated 38 cents, plummeted that day… Read More ›
There is a memorable trading epigram that although lacking in rationale, seems to often prove empirically to be good advice. “Sell in May and go away” No one knows who coined the saying and why, but it may have come… Read More ›
All Ordinaries Index (XAO) Update
In this post are 2 yearly charts of the All Ordinaries Index, the first from Incredible Charts, the second from Metastock using Paritech data. They look back on the extraordinary two day fall of the ASX on the 5th and… Read More ›
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 ›
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 ›
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 ›
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 ›
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 ›