Technical Analysis

Read the latest news and updates on Technical analysis

1 September 2017 -

Scales Corporation Ltd (SCL.NZX)

There is not much to say about this chart, most of the price action has occured within the band that we have highlighted on the chart. We believe that this will onen day act as either a significant area of support or resistance. The stock has been in a c

1 September 2017 -

Spark New Zealand Ltd (SPK.NZX)

The stock is trading near 52 week highs at around the same price that it was trading 1 year ago. The chart can be divided into two halves. The frist half of the chart running through to March/April 2017 was charactised by choppy and volatile price actio

1 September 2017 -

Tegel Group Holdings Ltd – TGH:NZX

TGH is forming a new base after potentially emerging from a downtrend

1 September 2017 -

Telstra Corporation Ltd (TLS.ASX)

The chart shows that TLS has been in a downtrend for the last year. This trend has extended for the last 2 and a half years as per the 5 year chart on the right. The price action for the last year has been characterised by 4 gaps to the downside, each o

1 September 2017 -

Shopify Inc (SHOP.NYSE)

Whatever way you cut it the SHOP chart is a thing of beauty. The stock price has ridden the fundamental growth of its underlying business. The stock provided investors an opportunity in December last year when it broke out of a 4 month consolidation on

10 August 2017 -

North Korea

“North Korea best not make any more threats to the United States. They will be met with fire and fury like the world has never seen” – Donald Trump.

21 June 2017 -

How to Protect Against a Market Correction

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17 January 2017 -

2017 Outlook: Profiting from Politics, Key Themes & Stock Ideas for the Year Ahead

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19 October 2016 -

Oil Market: State of Play

The price of oil plummeted from over $100/barrel in 2014 as the shale gas boom disrupted the industry, and OPEC decided compete by pumping more oil, adding to oversupply problems. Since bottoming earlier this year the oil price has recovered to $50/barrel