bullish trend

A Correction is Expected for Platinum

Posted on September 30th, 2009 in Market News, Silver, aus, aussie dollar, bullish trend, cent, correction, gold prices, micro cap, palladium, perth, platinum, precious metals, price action, rebound, technical resistance

Precious metals have been strongly demanded during the last few months: gold prices jumped above $1,000, silver and palladium prices reached recently a new 12-month high.
What about platinum? Have a look at the chart: the medium-term bullish trend in place since last November may above soon. A correction is expected.
Indeed, 11 months of up-trend have [...]

Tags: 2009, australia, australian share trading, australian stock exchange, buy, cents, crash, Finance, micro cap, penny shares, small stock, Stock online, stocks
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Can Gold Break Through to a New High?

Posted on September 07th, 2009 in Gold futures contracts, Market News, OBV, On Balance Volume, RSI, aus, aussie dollar, bullish move, bullish trend, cent, gold, gold prices, micro cap, perth, price action, rise

Gold is on the rise again, and it is likely that its price action will test soon the previous highest levels, above $1,000. Currently Gold is trading just below this important level.
The price action has posted a high at $999, above the previous significant peak of last June (point E on the chart). This point [...]

Tags: 2009, australia, australian share trading, australian stock exchange, buy, cents, crash, Finance, micro cap, penny shares, small stock, Stock online, stocks
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ANZ Capital buys into Blue Energy shares

Posted on August 29th, 2009 in BUL, Bullish, bu, bullish trend, penny shares, pennyhopefuls, perth

ANZ Capital 79,198 Blue Energy shares from July 22 to August 26, increasing from 113,525,219 shares (20.07%) to 113,604,417 shares (18.07%).
STOCK DASHBOARD: August 28, 2009
Blue Energy
Closing Price: 24.0c
Price change from previous trading day: 2.1%
Relative Strength (6 months percentile rank): 52.6
Market capitalisation: $150.9 million
Turnover volume: 273,639.0
Volume Index (1 is average): 0.3
Turnover value: $64,245
Turnover period: 2 years [...]

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AUD/JPY Currency Pair Strongly Rebounded

Posted on June 30th, 2009 in AUD/JPY, FX carry trades, Finance, Market News, S&P/ASX 200, bearish trend, bullish trend, cent, currency pair, financial crisis, micro cap, pennyhopefuls, perth, small

Still positively correlated with the stock indices, particularly the S&P/ASX 200, the AUD/JPY currency pair strongly rebounded between February and June this year. It posted a recent high on June 11 at 80.43 (point C on the chart). From the low of 55.51 posted in early February (point E), it’s a rise of 45% in [...]

Tags: 2008, 2009, australia, australian share trading, australian stock exchange, blog, buy online stock, buy Stock online, cents, crash, credit crisis, Finance, micro cap, penny shares, small stock, stocks, website
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Look for Zinc to Bounce

Posted on June 24th, 2009 in CMO, Finance, Market News, bullish trend, cent, micro cap, pennyhopefuls, perth, small, zinc

After the plunge occurred in 2008, zinc prices have been strongly bouncing back for several months. They are up 41% year-to-date and up 65% since the low posted on last December 12.
The breakout in April of an oblique resistance level gave some momentum to the price action after a period of consolidation. This oblique resistance [...]

Tags: 2008, 2009, australia, australian share trading, australian stock exchange, blog, buy online stock, buy Stock online, cents, crash, credit crisis, Finance, micro cap, penny shares, small stock, stocks, website
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