Tag Archives: sb

Australia 200 – Weekly Outlook.Telstra dividend yield and other matters

The Index closed another 1% higher last week. By historical standards market valuations are by no means excessive. Even so, many investors who bought in recent months now have significant profits to protect and are, understandably, becoming trigger happy.  As the index tests technical resistance levels it continues … Continue reading

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Australia 200 – Weekly Outlook

As we enter a new trading week, I’ve posted some thoughts on how the share market might respond to this week’s news and the upcoming reporting season plus how all this relates to the current chart position.

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Australia 200 Index – How high could it go?

As I write this blog on Tuesday afternoon, we are ending the sort of market day that’s become common recently – a solid move higher without any specific news trigger. The reason of course, is portfolio switching out of bonds and cash into equities as investors adjust to what looks like a lower risk environment. … Continue reading

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Iron Ore and BHP charts – updated outlook

With the iron ore price now being a key barometer for Australian markets, it’s worth keeping an eye on the chart. To help keep readers up to date, I’ve posted the latest iron ore index chart with some of my thoughts on the outlook … Continue reading

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Telstra – trading the breakout

With China’s flash PMI again being on the wrong side of 50, it’s possible we may see some rotation back into defensive stocks. Against that background, I thought this triangle break in Telstra looked interesting from a short term trader’s perspective.

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RIO and Iron Ore chart updates – What does this mean for the Aussie Dollar?

The bullish 3 drives set up I posted on Friday would have seen traders buying Rio on Tuesday. After a wobbly start over the last couple of days, the rally is now showing signs of becoming established. This post discusses strategy approaches for the … Continue reading

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RIO – Bullish 3 Drives Pattern

At the risk of going overboard on the iron ore theme with the blog this week, I think the RIO chart is worth discussing. It looks to me to be forming a “3 drives to a low” pattern. This can be an effective indicator for a bullish reversal. … Continue reading

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Companies Week – Rio Tinto basing out for a buy

It has been a tumultuous time for a lot of miners around the world. Domestically the reporting season has been an eye-opener for a lot of companies but the beaten price of iron ore has become a mainstream talking point. … Continue reading

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Commonwealth Bank – A chartist’s strategy for tommorow’s results announcement.

I posted a sell set up on CBA last Thursday. Depending on how you handle it, this position is a work in progress. With CBA’s results due tomorrow, I thought readers following this trade may be interested in a discussion on stop loss settings and profit … Continue reading

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Spark Infrastructure (SKI AU) showing signs of trend continuation

One of the easier tasks in technical analysis is looking at an old chart and isolating where the trending moves were. Of course when you only have white paper in front of you (i.e. in real-time) you have much less … Continue reading

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