technical analysis

Sonic Healthcare

Sonic Healthcare looking vulnerable

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Sonic Healthcare (ASX:SHL) has seen a doubling of its share price in the last 5 years. We determine whether weakness in the last few days represents a new buying opportunity. Overview of Sonic Healthcare (ASX:SHL) SHL is the world’s third largest provider of pathology/clinical laboratory services. It has a presence in the laboratory markets of eight countries. SHL is the largest private operator in Australia, Germany, Switzerland and the UK, the second largest in Belgium and NZ and within the …

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“Your Stock Request” – 21 December 2017

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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. (Due to the holidays, the next video will be on 11 January 2018) This week’s stock request: (ASX:IMF), (ASX:GRR), (ASX:RFF), (ASX:TPE), (ASX:GXY), (ASX:NAN), (ASX:PPH), (ASX:PNC) Latest prices available on the ASX website. You can learn more about technical …

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Categories YSR

RIO shares on course to hit $90

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Price action for Rio Tinto (ASX:RIO) continues to look positive and the stock appears poised to retest the $90 level. This represents a return of nearly 24% from current levels. Iron ore prices have improved recently and the lower Australian dollar is set to benefit the earnings of Australia’s big miners. RIO – longer term chart The first point to note is the breaking of a 5-year downtrend that started in 2011. From nearly $90 at the start of 2011, …

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Stock Watch health care stocks

Video: A charting view of health care stocks

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Michael Gable is an expert guest commentator for the Finance News Network, presenting “Stock Watch” each week – covering stock tips and shares on the Australian market (ASX). This video is dated 18 December 2017. “A charting view of health care stocks” Shares covered: (ASX:CSL), (ASX:RHC), (ASX:COH), (ASX:SHL), (ASX:PRY) Click on the image below to access the video on the FNN site:   Current share prices available here. You can learn more about technical analysis in this article.   Did you like this video? Share …

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The reasons behind the falling ALS Ltd share price

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The share price of ALS Ltd (ASX:ALQ) has taken a tumble in the last several weeks. What are the reasons for it and does this now represent a buying opportunity? ALS Ltd is a global provider of testing services, with operations in more than 350 locations across 55 countries. Services include laboratory testing for the mineral, coal, environmental, food and pharmaceutical industries. The Life Sciences division is the largest contributor to revenue (~50%). It conducts analytical testing in the Environmental, …

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