In this video, I go over my analysis of Seven Group Holding and why I believe it is a buy.
I also cover why I exited 2 Japanese stocks and a brief outlook on the equity indices and its implications on my cash positioning for my investment portfolio.
Similar to Graincorp,
I like the chart pattern here,
technical indicators such as TD Sequential, RSI, MACD are showing signs that bulls are still in control and more upside to come in the coming days/weeks.
Looking at the candle stick in the first part of the day gives me a asell signal but this is a not to self to wait until end of day on this one. If the candle is closing below 8EMA then I will sell, but if gets pushed back above 8EMA then I will hold.
SVW looks like its setting a nice stage one, possible 2 week pivot here, very low volume, an entry above last weeks high and stop just below provides a nice RR with an aim to get some out at the old highs.
Industrials (CapitalGoods) gain 1.65% on 22-Aug gave a DPO crossover Up in VectorVest ProTrader Timing DEW graph layout.
The recent DPO crossover occurred on 2017.06.23
Today, we have SVW.AX with the highest VST of 1.36, the next stock is SSM.AX with a VST of 1.34
By this comparison on graphs, SSM.AX has limited movement. Conversely, SVW.AX is still in a uptrend...
i suggested this chart 16 days ago for buying and again it is in nice position ...
strong uptrend ...
pullback ending...
buy after bullish candle on daily or lower time frame
