Technical Analysis

Technical charting analysis: We have done well since initiating our BUY on Argosy up +28% in just under 12 months until we downgraded to a HOLD (slightly) prematurely. Since reaching all-time highs of 1.73 ARG has slipped back and we anticipated further r

Technical Analysis: AV1 shares have been very volatile over the last few-years, as market has been excited by its product development and contract wins. However, because it is still in cash burn stage it has also tended to be sold off harshly. The price c

WOW experienced a sharp fall to reflect the demerger of its business with new shares issues under a separate listed company – Endeavour (which is currently trading at $6.92 a share). Since then, WOW has gained strong momentum, with a strong surge in Augus

: AIA shares were hard by the pandemic, and as international borders remains closed it has traded in a volatile fashion. We identify strong support down at $7.00 per share, with resistance at $7.80 – where it is currently trading. We anticipate volatility

Qantas shares understandably have been hit hard by the covid pandemic and its shares have moved with sentiment given heavy travel restrictions still in place. We believe Qantas is trading too optimistically, within the pre-covid range of $5.20 to $6.80 an

De.mem shares rallied strongly since our Initiation in November last year, but has consolidated for most of this year trading in a tight range. We see strong support at $0.265, with the stock struggling to break past $0.31 for a sustained period of time.

Next DC has been on a strong run over the last few years as a Tech stock, like many recently pulling earlier this year. We see key short term resistance at around $14.00 per share which is where we see the stock as ‘over bought’ given the current rally. T

CSL has been a strong performer pre-Covid trending upwards. However, since the pandemic its shares have been range bound moving sideways with key support at $264 and resistance at $307. Since our Last report CSL has rallied strongly from $253, but Covid r

Technical Analysis: We see ANZ struggling to break past its key resistance level of $29.77, and based on RSI indicators is currently in the middle of a sell-off channel like in the past which could last for some time creating further downside risk over th