technical analysis

OZ Minerals

A charting update on Oz Minerals

In early 2017, the price of copper broke a 6-year downtrend and has continued to head higher ever since. Despite a short-term blip in the recent rally, the price of copper continues to look as though it may head higher. The latest with Oz Minerals (ASX:OZL) Oz Minerals (ASX:OZL) is an Australian copper producer listed on the Australian share market which can provide investors leverage to the copper price. At time of writing, the Oz Minerals share price average 12-month …

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“Your Stock Request” – 30 November 2017

“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:SCG), (ASX:FMG), (ASX:PRL), (ASX:BKL), (ASX:BMN), (ASX:SGP), (ASX:MYX), (ASX:PRY) Latest prices available on the ASX website.   Michael Gable is managing director of Fairmont Equities. Sign up to our newsletter. It comes out every week and its free! …

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Categories YSR
Greencross ASX:GXL

Is Greencross immune from Amazon?

Much has been made of Amazon’s entry into Australia, and share prices for retail stocks reflect the fear and uncertainty held by investors. Some retailers are better placed to cope with Amazon than others. So have some companies been oversold recently and therefore represent an opportunity? Greencross (ASX:GXL) is one such company that has a service offering that cannot be delivered online. Greencross is Australasia’s leading specialist retailer of pet food, pet related products and pet accessories in Australia and …

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Technical Analysis

What is Technical Analysis?

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 …

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