Some technical observations; In the past 10 months, Biotech stock Admedus has been in a steady down-trend. Those who did not sell have been rewarded with a new issue of shares at 7 cents. The share-price in the past three… Read More ›
Doji
CTN-Contango Microcap Fund. A review.
Contango Micro-Cap Fund was reviewed about eighteen months ago (08/12/2013) as a professionally managed fund with exceptional returns. Retail investors gain exposure to a difficult but potentially lucrative sector of the ASX. Technical features Over the past six months Contango… Read More ›
TNG Update
In a previous post a month ago (Dec 13, 2014) I suggested that my personal plan at that time for this NT mining company, if investing (I didn’t), was to buy at 8.3 cents, and pyramid my holding after the share-price… Read More ›
Chart assessment of Ten Network Holdings
Ten “Tanks” This weekly chart for Ten Network Holdings over a four year period shows the recent drastic decline in the share-price from the 1st April 2010, when it reached $1.47, to an historic low of 22 cents on the… Read More ›
Chart review Sigma Pharmaceuticals. Buy signal?
Disclaimer I have selected Sigma Pharmaceuticals for technical analysis, based solely the daily chart, ignoring fundamental considerations important though they may be. The opinions expressed are my own, and should not be relied on… Read More ›
Market Analysis July 12, 2013
The XJO 5000 level is proving to be a stubborn obstacle to further gains of the Australian share-market at a time when the USA indices have forged new highs after… Read More ›
Jumbo Interactive could be a winner
Technical analysis considerations (as at 01/06/13) Share-price has fallen from a high of $3.28 on February 19, 2013 to a low of $1.385 just over a week ago in the wake of expansion of its online interactive gaming business. $JIN is… Read More ›
Third Time Lucky? Aussie Market focus May 31, 2013.
ASX is still struggling to stay above the half- way mark in recovering from the GFC After finally reaching a high at 5250 the XJO has faltered in its upward climb but is continuing to find support at around… Read More ›
Market focus May 17, 2013
The long-term perspective for the Aussie Market. Monthly chart, May 17 2013, of the XJO, (ASX200) Now that the XJO has penetrated and found support at the half-way mark (5000), the next hurdle, assuming bullish conditions continue, is the 61.8%… Read More ›
Market focus, May 3, 2013
The Past Week The previous week finished with a gravestone Doji indicating uncertainty about future direction. After the strong 165 point gain for that week, one might well have expected the index to retreat this week. Instead the XJO continued… Read More ›