The forecast for Commonwealth Bank stock prices is steadily higher through to the end of December, however, it looks like a very short-term consolidation or even pull-back is likely. The ideal buying opportunity is shown in the chart when the oscillator is bright green as this oscillator is always green when the stock makes a medium-term low. When the oscillator...
HPQ is entering a take profit area. A lmt order can be set around the $15.30 level up to around $16.50 with a chance of getting filled over the next week depending on your expectation. Late December and January represented buying and accumulation phases.
About the Analysis
The first step in this trading method is to pick stocks that are likely to...
This is a test recommendation for ASX:CBA .
CBA has been trading sideways causing the ADX indicator to reach a low level. This is indicative for the beginning of a new trend. With dividends being paid in late Feb an upside breakout is probably more likely.