This article is a follow-up to one I wrote about Telstra stock back in June this year. In that article I noted how Telstra looked to be forming a base and had carved out a bullish-reversal Morning Star pattern. It seems this was spot on as the stcok has now gone on to make a […]
Ever since my TC Trial earlier this year my focus on Forex pairs has has narrowed to just a few. My preference has been to focus on the EUR/USD, Gold, EUR/JPY and even the Aussie and Kiwi at times if the conditions are suitable. I was listening to a podcast earlier in the week and […]
This post was prompted following my chat with another trader at today’s Sydney ATAA meeting. This guy was keen to LONG Sugar given its current Low near support so I thought I’d check in on a few other commodity Futures charts to see how they’re shaping up against the backdrop of recent Trade War rhetoric. […]
Facebook has been mired in controversy over recent months and this has finally taking its toll on the stock price. The stock price plunged following the recent miss with earnings and projected slowdown and there is talk of this being the end to their cycle of easy growth.
I had a bit of time today so decided to review some of the US stock sector ETF charts and found that many are trading within recent consolidation patterns, primarily in the form of symmetrical triangles. These triangles are giving some of the charts a Bull Flag appearance and so the usual mantra applies: watch […]