CSL is one of those mega stocks everyone used to have in their portfolios which is up something like 28,000% since the mid 90's. After the recent sell off it looks like its showing signs of recovery. Might be a day or two early, but certainly worth a watch.
Currently 739 buyers for 131,397 units vs 415 sellers for 80,974 units
CSL Limited is a biotherapeutics...
ASX looking very dangerous here
AB=CD objective hit
Price has reached the 1.618
Price has moved higher but volume is dropping off
Indicators sowing its overbought
With an impending GFC upon us, it would surprise me if we see a drop to the 618.
As the coming days / weeks more and more attention will be paid to gold and silver, I start to introduce some producers.
Newcrest Mining is one of Australia's and World major gold producers.
With an All-In Sustaining Cost (AISC) of $ 738 / ounce of gold, the company is also among the most effictive gold-producing global players.
In Australia, it is produced by...
Dubber has had some pretty good price momentum this year and looks to be recovering after the dip. Looks like there could be 25% or so in it to get back to old highs. Might be worth a watch.
Dubber is the world’s most scalable call recording service which has been adopted as core network infrastructure by multiple global leading telecommunications carriers in...
With Samsungs Galaxy Note S10 5G and the beginning of 5G technology, Telstra will be thriving to dominate in the new 5G market. Already Telstra has sold many new Galaxy Note S10 phones, hinting that 5G will soon be in demand. 5G will be a big expense but can easily be profitable due to what 5G will be supporting such as remote surgeries and Artificial...
Woolworths could be worth a watch as consumer spending on dining out decreases. Not a strong runner, but up 30% year to date.
Woolworths (WOW) is a retailer with primary activities in Supermarkets. WOW's other operations include: BIGW discount department stores; Home Improvement; Petrol through the Woolworths/Caltex alliance; and Hotels.
Demand: 199 buyers for...
I broke some key rules today buying this, mainly that its below the 200 day. but the bottoming pattern gave me a strong signal that buyers were in control and worth a punt. I have zero doubt it will consolidate above the 200 day. What happens next...?
Hi guys its bokchoininja here with another fibonacci analysis. In this analysis I highlight three critical zones of support and resistance predicted by good old fibonacci ratios. We had a nice kiss on the 1.618 level and are struggling to break past the current resistance zone. If we do break past we are headed upwards but the resistance box is where i have my buy...
As you can see mining stocks have been hot in australia for 2019. However there is a lot of resistance coming up shown by the aeroplane box formed by fibonacci extensions. I would short rio in this box and wait for a pull back either to the 0.382 or 0.618 fib extension. If we break this resistance or eventually retrace back to the penguin box, I would have my eyes...
This analysis is for educational purposes only.IT IS NOT AN INVESTMENT ADVICE.
A low pole, vertical count as shown, suggests that $5 is within a striking distance in terms of a bullish target with TELSTRA. There are other targets, which are also in harmony with this bullish target, but not shown. Will we see TELSTRA @ $5 ?