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 ›
I wish I had invested in ASX listed funeral industry stock Invocare, along with Healthcare stock CSL prior to the GFC, since both have still continued to trend upwards, when nearly every other stock dived. Both are still worth including… Read More ›
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 ›
Mineral sands explorer Iluka Resources attracted market attention today, gapping sharply higher at the open, and recording a 13% rise for the day, to reach a high of $8.32. This rise comes in the wake of an excellent quarterly report…. Read More ›
Disclaimer This post examines the present market standing of Australia’s leading Healthcare stock, CSL (Commonwealth Serums Laboratories) from a technical perspective. It should not be construed as constituting investment advice. Professional advisers should always be consulted for guidance specific to… Read More ›
This is a daily candlestick chart (from Metastock) including the RSI Indicator. It is a chart of the XJO index, comprising the 200 largest stocks on the ASX by market capitalization. It shows in greater detail I think, the technical… Read More ›
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 ›
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 ›
The Past Week The 50 point gain this week brings the ASX 200 index to a position in which it is likely to test a crucial technical level this coming week if the present incredibly strong impulsive move higher continues…. Read More ›
The 64 point lift in the XJO this week continued the upwards momentum of the Australian market. The close and high for the week was 4835.2. At the present trending incline, the important 5000 resistance level is likely to be… Read More ›
Technically Speaking 