Commodity stocks managed to push the Australian share market to a higher close today. With three yellow lights and an UpUp situation Prudent Investors should use caution when making new purchases and only buy stocks long on up days. Aggressive Investors and Traders should play the market up or…
The Australian share market managed to end today’s session higher as the Reserve Bank of Australia decided to leave the cash interest rate unchanged. With one green light and an UpUp situation Prudent Investors may buy stocks long as the market moves higher.Aggressive Investors and Traders should play the…
The Price of the VVC/AU reversed its course for the fourth consecutive five-day trading period, gaining $0.003 per share to end at $2.483 per share and changing the Primary Wave to Up. However, our other key indicators, the RT, BSR and MTI, are painting a foggy picture with the RT remaining…
Steep losses from mining stocks sent the Australian share market to a lower close today. With three red lights and a DnUp situation Prudent Investors should remain on the sidelines and not buy stocks at this time. Aggressive Investors and Traders should play the market with a bias to…