Tag Archives: share trading

Newcrest Mining – Double Bottom Buy

Technical traders may be interested in Newcrest at the moment. It looks a  chance of completing a double bottom pattern that could see it build on the initial recovery from last month’s gold “flash crash”

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Australia 200 – Weekly Outlook

At the close of trade last Thursday, most commentators were assuming that a correction was under way. By Friday afternoon giving the benefit of doubt to an established trend again seemed the safer strategy. Even so, Thursday’s 2.3% decline, on high volume could be an early warning of the … Continue reading

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Shui On Land (272 Hong Kong) – chart set up

Background As readers will be aware, I include the Hong Kong stock market amongst the markets I monitor.  For technical traders, it seems to produce more than its fair share of attractive trends with the added advantage of convenient trading hours for Australian traders.

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China Shipping Container Lines (2286) – sell set up

This chart caught my attention today as a potential example of a classic continuation triangle.

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Macquarie Group setup – Building Stocahstic and RSI into strategy.

This post continues the theme of discussing emerging trade set ups using the oscillator techniques outlined in the video I posted on 26th October

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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 – Bollinger Bands make Ansell a stock to watch

My post on Tuesday outlined a possible reversal set up in Resmed which has continued to rally so the sell set up did not trigger. No harm done but no trading opportunity either. My post today discusses a similar situation with latex manufacturer … Continue reading

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Companies Week – Resmed keeping divergence traders awake

We try as much as possible to discuss potential chart setups on the blog rather than ones that are completed or already under way. The idea is to show things as they really happen, win lose or draw. One consequence of this of course, is … Continue reading

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Commonwealth Bank – a chartist’s point of view.

CBA will announce its results next week, having rallied 19.5% from the low in late May. From a technical analyst’s point of view, the CBA chart caught my eye as one showing the early signs of a potential reversal set up.  This situation … Continue reading

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Toll Holdings – Buy Setup

This Australian share CFD chart caught my eye today as an example of a potential 5 swing reversal setup

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