I have looked at the building material manufacturer Boral before but have chosen to review it following an announcement that Boral Limited and US Gypsum Corporation will form a world-leading Plasterboard and Ceilings Joint Venture with an asset value of US… Read More ›
Will Iluka Resources’ share-price continue to rebound?
2012 was not a good year for Iluka shareholders; the share-price fell from $19 to just $7.36 by the end of November. This disaster followed earnings down-grades as a weak property market in China hit the sales of Zircon, and… Read More ›
Chart analysis for Crown 16/01/2013
TA landmarks Earliest data December 2007 High was $15 Most recent data, January 2013 Close 15/01/13 was $11.64 Low following GFC was $4.18 in November 2008 Dominant trading pattern was a trading range between $7.32 and $9.44, for three… Read More ›
Technical Analysis – A tool for Adumbration, not the Prediction of Market Movements
John Murphy, respected author of the textbook “Technical Analysis of the Financial Markets” defined Technical Analysis as “the study of market action, primarily with charts, for the purpose of forecasting future price trends”. The first of the three premises on which he considers technical… Read More ›