Is she sinking? (18th September 2020)
Is the SP500 Breaking Down? I’ve been watching the SP500 like a hawk this week, as I think it’s starting to look very weak. This evening, I spotted a break below the support level (see graph below). It could go down quite a lot and quite quickly in my opinion… What do you think will…
Serica Energy – Cause for Concern? [SQZ: 9th July 2019]
Serica Energy – Breaking Down Below 200d Moving Average For the first time in 12 months, SQZ has closed below the 200day moving average (see below): [Click on any image to view full size’ (opens in new tab), close tab to return] Today (9th July 2019), it looks as though it may be having another…
Breakdown Through Trend Line (BMN, 18th April 2019)
Bushveld Minerals (BMN) – Possible Breakdown? The SharePad intra-day graph (below), is self explanatory… [Click on image to view full size’ (opens in new tab), close tab to return] Mick’s View of Bushveld Minerals With the breakdown in the share price, through the trend line, the prospects for BMN are looking less attractive in the…
Caution Required (2nd August 2014)?
All Share Index (ASX : 2nd August 2014) I’ve been watching the ASX (all-share index) carefully this week, wondering if the Middle-East issues would affect it. The Sharescope Graph (below), indicates that caution is required by DIY-Investors… [Click Graph to View Full Size, ‘ESC’ or ‘Close Tab’ to Return] As you can see, I’ve marked…
Rubber Band Effect (5th April 2013)?
Has the Rubber Band Done It Again? The All-Share Index (ASX) has been looking stretched for a while now, so it may not come as too much of a surprise if it drops back down towards the 200 day moving average. This will be speeded up, no doubt, by the mutterings coming out of North…