The moving average convergence divergence (MACD) indicator is a popular tool used by traders to help with their entry and exit points. In certain circumstances, it can be extremely useful and reliable. You may have noticed it on many of the charts used by us here at Fairmont Equities. Here is an explanation on what it is and how to use it. How to Calculate the MACD. The MACD is a momentum-based trading indicator. This indicator can show changes in …
Michael Gable chatted with Peter Switzer on Tuesday 19 December 2017 on Sky News Business for Switzer Daily TV, about the Australian market (S&P/ASX 200) and shares his charts on Orora (ASX:ORA) and Magellan Financial (ASX:MFG). Click the image below to view the video on SwitzerDaily: Current share prices available here. You can learn more about technical analysis in this article. Michael Gable is managing director of Fairmont Equities. Sign up to our newsletter. It comes out every …
Read MoreMichael Gable on Switzer Daily TV – 19 December 2017
I often get asked “when is a good time to buy shares in Fortescue (ASX:FMG)?”. Having endured a very soft few months, the Fortescue share price appears ready to launch higher again. The price of iron ore looks to end 2017 at a higher level than where it started. Despite this, we’ve seen a negative performance from Fortescue this year. Much has been made of the discount that the company sells its ore at. Fortescue produces a lower quality ore. …
Technical Analysis is a method of analysing supply and demand in the market by looking at price movements and volume. It can visually show how emotions are driving stock prices higher or lower. By understanding this, you will be able to identify when stock prices are running ahead of themselves or if they are being oversold. That is, technical analysis can show us when the market is unable to push a stock any higher and therefore it is likely to …