Tag Archives: resources

The Big (Global) Australian

Looking at trading yesterday, one of CMC’s senior dealers remarked: “It’s not often we get a 65 point rise (in the Australia 200 index) when BHP falls.” Why is BHP going down as the market goes up? The latest round … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , | 4 Comments

Iron ore chart – outlook

Changes in the iron ore market have moved it to the front and centre for Aussie Dollar and share traders. Iron ore recently accounted for about 20% of Australia’s exports.  Although price declines since may have seen this share reduced, it will still have a significant … Continue reading

Rate this:

Posted in Commodity, Market, Trading | Tagged , , , , | 1 Comment

Alumina (AWC AU) makes first step on new trending move

As you can see from the chart below, the Alumina share price has been under a lot of pressure for some time but with the formation and subsequent upward breakout of a symmetrical triangle it may see some renewed attention … Continue reading

Rate this:

Posted in Market, Shares, Stocks | Tagged , , , ,

Aquila Resources forms Symmetrical Triangle setup

Over the weekend at the Trading and Investing Expo in Sydney I was able to talk through dozens of chart setups with different attendees so I actually have plenty to share with you all in the week ahead. Taking something … Continue reading

Rate this:

Posted in Market, Shares, Stocks, Trading | Tagged , , , , , , | 1 Comment