Share tips

A quick look at the Amazon chart. Buy or Sell?

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The performance of Amazon (NASDAQ:AMZN) shares over time has been well documented, especially in comparison to traditional retailers. Ten years ago they were trading under US$100. However, with the price now over US$1500 and hitting record highs, are the charts providing us with any warning signs to take profits? (Note: Fairmont Equities now offers trading and advice in US shares. Try our weekly research to receive our latest tips on Australian and US shares. Alternatively, if you wish to find …

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Why are InvoCare shares falling and is it overdone?

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After a stellar run towards the end of last year, shares in InvoCare (ASX:IVC) have fallen sharply back to levels last seen in August 2017. Why are they falling, and is the selling now overdone? InvoCare is the largest private operator of funeral homes, cemeteries and crematoria in Australia. Locally it has a 34% market share. It is also the only player with national brands. The recent rally was driven by the market favouring high-growth stocks (with high P/E ratios) …

Read MoreWhy are InvoCare shares falling and is it overdone?

“Your Stock Request” – 25 January 2018

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“Your Stock Request” is a weekly video where we analyse share price charts for stocks on the Australian market (ASX) as requested by you! Email us at mail@fairmontequities.com with your stock request. Limit of one per person, no guarantee of a mention. This week’s stock request: (ASX:AZJ), (ASX:GMG), (ASX:AJM), (ASX:MNF), (ASX:ORG), (ASX:MP1), (ASX:RFX) Latest prices available on the ASX website. You can learn more about technical analysis in this article.   Michael Gable is managing director of Fairmont Equities. Sign …

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Share tips

Share tips – 22 January 2018

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Share tips and stock recommendations for the Australian (ASX) share market – buy, hold, and sell. Michael Gable is an expert guest commentator for the stock market newsletter thebull.com.au. This post is an extract from the newsletter dated 22 January 2018. You can access the full version of the article HERE. Buy Recommendations FMG The chart for FMG looks very bullish. In December 2017, FMG retested the previous low then broke higher on strong volume. It now looks like staging a strong recovery. …

Read MoreShare tips – 22 January 2018

Time to grab some Inghams?

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Inghams Group (ASX:ING) has been listed for over a year now. It is trading off its recent highs so we examine whether this now represents an opportunity to grab a slice of Inghams Group shares. Inghams Group is a vertically integrated poultry producer with its own quarantine facilities and feedstock supplies. In FY17, poultry accounted for 88% of sales with the feedstock accounting for the rest. Inghams Group operates its poultry business in Australia and New Zealand. It has a strong …

Read MoreTime to grab some Inghams?