Technical Analysis

Technical charting analysis: Xero Shares have sold off heavily recently. While we previously identified $110-$130 as support level, it broke through this as global tech sell off. It is still difficult to determine the bottom but we believe Xero on a fund

WPL shares have traded in a volatile nature moving inline with oil prices, while reaching a post covid and 23 month high of $28.21, the shares are still below pre-covid support levels of $29.00 to $30.00. While it may appear temporarily overbought the ou

Technical charting analysis: Amazon shares have rallied strongly since the peak of the pandemic, benefiting from online spending and expansion of its various businesses. Over the last year the stock has been more or less sideways, mostly trading between

Technical charting analysis: Rocket Lab launched onto the market in August 2021 with the share price closing at $11.58 on its first day of trade then a week later shot up to $21.35 following the hype of the company. Since then, its shares have sold off h

Technical charting analysis: Scales shares have pulled back recently breaking past the $5.25 support level. With the stock appearing to be oversold at the moment, we believe there is now an attractive entry opportunity, as in the past Scales shares have

Technical charting analysis: TLS shares have been trending nicely since our last report breaking past $4.00 per share, although the $4.00 mark looks to be a key trading level and initial support is building here. If TLS shares were to sell off further, we

Oceania has had a volatile run over the last 6-months, rallying strongly then pulling back as NZ was put into lockdown and the RBNZ implemented rate hikes. We see the recent Oceania sell off as overly harsh and there appears to be solid support at $1.29.

Technical Analysis: Xero Shares have been on an amazing run over the last 5-years. We downgraded Xero to HOLD earlier this year as the stock was trading a rich valuation and saw that it had over extended but it was too difficult to determine where a supp

Technical Analysis: ALL has been on an amazing run recently, and has only experienced 2 sharp sell offs since we initiated coverage – the second being due to covid and it has taken just over a year to recover to its pre-covid high reaching this level in M