Recent content by Greynomad99

I've been involved in the management of mortgage funds for many years and one that we sold just as I was retiring has continued on to have over $100M under management. Up until last Xmas I have continued to assist with compliance issues as and when required. The principal of that business which...

Hi - I deleted both my share charting and photography web sites. While a few people followed both, the time and cost to keep them updated wasn't justifiable and with my move from Melbourne to central Victoria I felt it was time to more fully embrace retirement. I still have an interest in both...

Dr B - Out by $0.01 You must be losing your touch!

Yep - I'd agree with Dr B as well as that's a level of resistance - possibly a new uptrend line yet to be confirmed. On the other hand (don't you love charting - there's always an alternate view to muddy the water!) prices have recently retraced 50% of their previous rally and that's a likely...

Skate, You might be right with ALX but it is a stock that has shown good growth in past years and there's a possible price channel that suggests a rise back to the low $8 mark is possible. The oil price could be the problem for this stock.

Skate, what's your problem with ALU? I accept it could (and has) fallen back a little from resistance but my view was that while the stock is quite volatile and has been trading in a range of about $20 or 50% of its recent highs and should (but doesn't have to continue up to the top of the...

After liquidating my holdings while we bought and sold a new residence, with that process largely sorted I felt the market was telling me that a Santa Rally might be early this year (I think it never eventuated at all last year). Anyway I jumped back trying to buy some solid stocks that weren't...

Not so good if your are selling. Down about 10% but all relative if you are buying and selling in the same market. And we've made a 50% gain over 10 years - so better than a poke in the eye. I'm naming the house in Castlemaine (central Victoria) "God's Waiting Room" as my next home will almost...

Popped in to see what is happening here but the market still seems a mess. I've cashed out all my shares as buying a house in the country. Selling in Melbourne and will put those funds back into the share market if I can get comfortable with the world economic outlook. Still way too much...

One of the factors that made me decide to concentrate less on share trading was that (as this week as shown) it is pretty hard to make money in this market. At the moment the outlook is for the XAO to probably retest 6,600 and a break through that level would see 6,000 as a possible bottom. Good...

End of an Era I've been sinking quietly into retirement over the past few years and have decided to sink a little faster. While I'll maintain share comment on this site I have shut down my sharecharting.com.au web site and my photography site (rna.com.au). My rna.com.au email address will...

Catch my blog here - https://sharecharting.com.au/blog-example Only one stock caught my eye this week - MIN

Sorry - never had any further contact after Commsec. I think Xris is on this site - or used to be?

Almost back to Melbourne after a month with the caravan in outback SA, Qld and NSW. It was great to see the water in the Darling which is about 10 metres above its usual level. at 100 metres wide and flowing at a rate you couldn't keep up with on foot for long, that's a heap of water (about 21...

Only consider stocks with a price > $0.10 and a turnover of > $1M a week that have been listed for at least 4 or 5 years. Look for stocks coming off lows or dips well off the highs. Draw a downtrend on a weekly chart down the peaks of the downtrend. No peak should break above this line by more...