Read the latest news and updates on Technical analysis
17 August 2020 -
SCALES CORP (SCL:NZ) BUY: Buy the Dip
The stock has retraced back from the peak of $5.35 to $4.90 but maintained strong support at $4.90 and now has gone up to $5.09 mark. We see that the new temporary support has shifted up to $5.00. The trading range is between $5.00 to $5.20. Once 5.20 is
17 August 2020 -
SYDNEY AIRPORT (SYD:AX) BUY (High-Risk): Taking Up the Offer
SYD touched its recent peak at $7.07 in June and since then the stock has retracted back to as low as $5.13. Support at $5.00 is strong and should hold in a downward movement.
17 August 2020 -
TELSTRA (TLS:AX / TLS:NZ) BUY: Yield Support
TLS sell off appears overdone and has created a good opportunity to Buy for all investors at $3.10. The chart shows that primary support @ $3.03 that was also our entry the last time is strong support and should hold on any further slide in the prices. F
3 August 2020 -
MACQUARIE (MQG:AX) BUY: Still Banking Profits
MQG – The chart shows that the stock has an entry support @ $116.17. Primary support should hold at $105.15. Relative Volatility Index shows that if the stock slides a bit lower it will become a BUY.
3 August 2020 -
Rio Tinto (RIO:AX) BUY (High-Risk): Iron Ore Rebound
Interesting chart – looks to be a Buying opportunity arising at $100.18 with entry support. The most recent candle is a Bearish Candle which means the next two sessions could push the prices downwards around the $100.00 mark. If that support is broken the
31 July 2020 -
Estia Health Ltd – EHE:ASX – Trade Lineup
Estia Health is an aged care healthcare company that has provided services for nearly 50 years across Australia in New South Wales, Queensland, Victoria and South Australia.
29 July 2020 -
LYNAS CORPORATION (LYC:AX) BUY (High-Risk)
LYC Chart shows that the stock has broken the first resistance at $2.09 at current levels. It is now testing the next resistance at $2.20. Once this is broken the stock could move towards the $2.32 mark.
29 July 2020 -
Pushpay (PPH:NZ / PPH:AX) BUY: Buy the Dip
PPH is trading at a key level as the recent sell off has presented a good opportunity for the long-term investors. All major moving averages are indicating a Buy action. The stock is still holding the medium-term Uptrend.
25 July 2020 -
Argosy Property – ARG – BUY on 5% Yield
The stock has a current trading range of $1.15 to $1.24. Trading below its NTA of $1.30. stock Research initiates buy on ARG at $1.18. The chart depicts a primary support at $1.02. There is a support for the trading range at $1.14 that the stock could