technical analysis Archives - Fairmont Equities

“Your Stock Request” – 25 May 2023

May 25, 2023 by Michael Gable

“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:XRO), (ASX:JBH), (ASX:APA), (ASX:STX), (ASX:OCL) Michael Gable is managing director of Fairmont Equities. Latest prices available on the ASX website. You can learn more about technical analysis in this article. An 8-week FREE …

Is the upside already priced into Sonic Healthcare?

May 24, 2023 by Michael Gable

As a Company that enjoyed elevated earnings from COVID testing during the pandemic, Sonic Healthcare (ASX:SHL) has emerged from COVID well. The base business margins are resilient and the balance sheet is stronger. This provides ample liquidity for capital management and further acquisitions. Likewise, its share price has recovered from its lows earlier this year after an impressive interim result for the six months to 31 December 2022 (1H23), With this in mind, we recently researched Sonic Healthcare in The …

“Your Stock Request” – 18 May 2023

May 18, 2023 by Michael Gable

“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:IFL), (ASX:NAB), (ASX:LYC), (ASX:PLY), (ASX:AZL) Michael Gable is managing director of Fairmont Equities. Latest prices available on the ASX website. You can learn more about technical analysis in this article. An 8-week FREE …

Time to buy Cleanaway shares after being dumped?

May 17, 2023 by Michael Gable

In mid-April, we researched Cleanaway Waste Management (ASX:CWY) in The Dynamic Investor and took a positive view on the shares. We felt that market concerns around management’s ability to manage labour shortages and rising costs were largely one-off and likely to have a muted impact on CWY’s competitive position. Further, we believed that the market was likely to shift its focus from short-term issues to the potential for margin expansion and attractive project economics from the Waste-to-Energy projects over the …

“Your Stock Request” – 11 May 2023

May 11, 2023 by Michael Gable

“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:BOE), (ASX:APX), (ASX:SYR), (ASX:ASN), (ASX:STO) Michael Gable is managing director of Fairmont Equities. Latest prices available on the ASX website. You can learn more about technical analysis in this article. An 8-week FREE …