AUD Stocks

This page is dedicated to the charting of Aussie stocks

The Australian Stock market seems to be under valued when compared to the US Stock market. US stocks have retraced more than 80% off their 2009 lows whereas Aussie Stocks have retraced less than 38.2%:
The Aussie market looks like it MIGHT be poised for a breakout and some stocks are starting to look that way as well. I will note any interesting charts, as I see them, on this page.


Saturday 13/10/12

I’ve updated the charts of the stocks looked at before on the 17/9. Some new ones are in there too.

BHP: has broken out but hasn’t done too much.

MQG: has moved on

NAB: has also broken out and now up

NCM: maybe building up still?

RIO: looking interesting still

WES: hasn’t done too much

QBE: breakout looming?

TSE: maybe a bought Put opportunity!

VOC: a classic breakout and up pattern

WOW: drifting up

CBA: worth watching for a potential breakout and up?

TLS daily: looking bullish?

TLS weekly: a close and hold above $4 would be quite bullish.



Monday 17/9/12

BHP: has had a triangle break out and close above the daily 200 EMA:



MQG : has also had a triangle break out and close above the daily 200 EMA but moved a bit further:



NAB : looks to be on the verge of a triangle breakout too:

 
NCM: looks to be on the verge of a trend channel breakout:

RIO: a bullish falling wedge?

WES: seems to have had a triangle breakout already:



QBE : just watching this one:

TSE: watching this too to see if it turns bullish. It’s getting close to the triangle apex:

VOC: watching this one too:



WOW :  seems to have had a triangle breakout already: