I have been away for the last 5 weeks so have not been charting as frequently about stocks and or stock indices. Like all stock markets over recent weeks though, the Aussie market has also been under pressure but closed higher today after some decent AUD Employment data. Here is how I’m seeing the charts […]
The US$ continues to struggle at 95.70, and all of the other resistance levels mentioned in my weekend posts. The EUR/USD looks to be worth watching though as it holds at the recent Low and, given, there isn’t much data today.
This post takes a look at the Aussie Telecommunication Services index, XTJ, and the six components that make up the index: Telstra Corporation, Vocus Group, Spark New Zealand, TPG Telecom, Speedcast International and Chorus. Regular readers of this blog will be aware that I have been bullish on Telstra for some weeks now and I […]
Trade Charting is a system that can be applied over any time frame and this post illustrates how TC can be used for stocks on both the weekly and intra-day time frame using AMD as an example.
The following are ASX stocks from my watch list that I am stalking this week. Some are breaking above weekly trend lines or look close to it. There are a few ascending triangle patterns here as well; another of my favourite patterns!