The local market is up around one per cent today. This monthly chart of the index going back to the GFC low shows the tight consolidation pattern the market is currently in.
The price of gold is holding up at these levels.
The Australian dollar is in a sideways move.
Cochlear looks to be holding onto support for now.
Whitehaven Coal is up strongly this week after news of some other coal company’s supply dramas.
Can BHP bounce upwards again from this level
MAAS Group has taken a breather from the last up trend and looks to be finding some support at current levels.
News Corporation looks to have run into resistance again.
Woodside Energy has overcome the first resistance hurdle.
Ventia Services looks to have found some resistance at current levels.
Hub24 Ltd is in a nice up trending move.
Coronado has made a nice first push up from recent lows.
IDP Education has fallen away after breaking down through previous support levels.
Alumina looks to be bouncing off a support zone.
These were the top performing stocks in the All Ordinaries index over the past year, excluding dividends.
Disclaimer: The commentary on different charts is for general information purposes only and is not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column.
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