The ASX200 increased last week by nearly 1% or 43 points. The 4,000-point range has become extremely difficult to break on the upside and it would require consistent positive data to see it go beyond this point. The RBA could inspire the market if it decides to decrease the rate at its next meeting. Read More…
Category : Analysis, Indicators, Shares, Stock Tags : stock market, stock market trading, stock trading
A Bullish Morning Star Candlestick Pattern is a series of three consecutive candlesticks on a minute, hourly or daily chart, although it frequently appears more on daily timelines than any other. It is formed by way of a black candlestick on the first day followed by a gap down in the market and a short-bodied candle on the second day. The third day produces a white candlestick with a higher close than the second day. The short-bodied candlestick can be either white or black in colour. Bullish Morning Star patterns are considered bullish reversal patterns of great strength and momentum. Read More…
Category : Analysis, Averages, Charts, Indicators, Shares, Stock
Last week saw the ASX lose 51 points. In Japan, the Nikkei increased by a whole 18 points! A breather type of a week one may call it. Not bad going for our stock market though, nearly up from the start of the year by 200 points, mostly due to positive sentiment rather than consistent good data. Read More…
Category : Analysis, Indicators, Opinion, Shares, Stock
At its most basic, a hedge fund is a grouping of separate assets that are bought and sold in a manner which is designed to use the positive performance of one to counteract the losses incurred by another. Read More…
Category : Home, Shares, Stock, Tips Tags : stock chart patterns, stock market, stock market trading, stock trading, Trading
