Text me if you have any questions/comments for me.
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CHC
- Previous analysis was done on 21 Sep – Suggested half entry at 18.30 levels or wait for successful breakout of 18.50 resistance levels
- Since then, the stock has successfully broken out with above average volume
- If you have taken the entry suggestion, there will be gains of 2-4% within 2...
Text me if you have any questions/comments for me.
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CHC
- Previous analysis was done on 14 Sep - Suggested waiting for successful breakout of either counter-trendline or 18.50 resistance levels
- Stock today broke out of counter-trendline with slightly above average volume
- There is still an overhead resistance at 18.50 levels
- While the overall market...
CHC
- First time doing a written analysis on CHC
- Has history of good uptrends
- Stock respects the short-term support more of the time
- Trading in a tight band for the last 3 weeks -> I would call this “No Man’s Land”
- Formed a double top with strong resistance near 18.50 levels
- Today’s price action looks like the first signal of a rebound, but more price...
$CHC - CHARTER HALL - The Trend Is Your Friend
Charter Hall has been having a great run this year, up around 60% since it started its uphill climb. With some of the nervousness out of the way with the election behind us it could be a great one to watch. Bit of weakness in the volume at the moment so time your entry and set your stops.
About Charter Hall...
CHC has rocketed up quickly and is now showing signs of fatigue with the RSI diverging. Be prepared for a potential downturn because what goes up must come down :-). Not investment or trading advice . Just my random thoughts
CHC ASX:CHC - Charter Hall Group 6 weeks horizontal line breakout
YTD, the shares price is trading around 22 per cent higher to $ 7.96 .
The shares price profit target is around 10 per cent or $8.35.
It is not intended to trade advice.DYOR
Charter Hall Group is a property company.
The Company is engaged in managing office, retail and industrial properties...
