AUD - our dollar has been busting out some good movements in the past few months. My gut tells me it's overbought, but the chart shows some reason for another rally if it can bounce off support at the fib division in that pitchfork. If that fails then things might cool down for a bit. It could retrace back to 93cents, or it could pick up some support from the fib retracement levels.
CBA - arguably the worst performing bank at the moment in terms of share price direction. It has been having a bad run of things but it might pick up some support for a short cover rally around the $47 mark. It needs to find a way to break through that 20EMA...
WHE - there are many signs pointing towards this one cooling down a bit next week, but the recent volume has me thinking that there is more to this chart than what meets the eye. If it retraces then it's probably going back to that long term support line, if it breaks through resistance then it's next stop 50cents...
NWE - interesting chart. 4.7cents is glaring resistance, but if it repeats the range that it did in September 2009, then it could break through to 6.2cents. Needs to get through these current levels first however...
AUT - no-one has requested it.....yet :P. Someone normally requests it in the end so I thought I'd do it up quickly. Unstoppable at the moment. I used to hold until I bought SSN and I know a bit about the fundamentals. In my opinion it's one of the best up and comeing small cap oilers out there right now. The sky really is the limit with this one in the long term, but short term it might retrace back towards that safety line on the pitchfork.
CAP - one of my own. It sured up support around the 48cent level with a good healthy run earlier in the week. Looks good for a more consolidated move upwards soon in my opinion.![]()
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AUD - our dollar has been busting out some good movements in the...
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