I was asked to review charts of two ASX stocks today, Beach Energy (BPT.asx) and Cleanaway Waste Management (CWY.asx) and my technical thoughts are published here. Both are displaying bullish momentum on the daily chart time frame and are trading well below their all time High.
Back in 2007 the S&P500 peaked, pulled back and then made a V-shaped recovery to a new High before the great decline that was to become know as the Global Financial Crisis (GFC). The index today, against a backdrop of Covid-19, recently peaked at a new High, pulled back and has made a V-shaped recovery […]
This article was prompted by a tweet I saw this morning posted by Linda Raschke. where she raised the issue of Growth versus Value and whether there might be some shift evolving in their relationship to each other. This concept intrigued me and got me exploring charts for some further clues about this relationship, and, […]
Gold has been a popular topic of conversation over recent months as the precious metal pushes to an all-time High. I wrote an article that was published on my website in December 2018, available through this link, and it was also published in the January / February 2019 edition of Your Trading Edge. Back then, […]
Cyber security has become a higher profile topic in Australia over the last week following the Prime Minister’s announcement about serious issues threatening the security of our country. I’ve noticed increased traffic on this topic through my ‘inbox’ and, given I am preparing for an ATAA technical analysis trading meeting on Saturday morning, I decided […]