The local market put in a solid day Tuesday after the Easter break and is up again today.
The US Nasdaq index is making a higher high after making a higher low.
Resmed looks ready to break out of a large consolidation pattern.
Cochlear is again testing all-time highs.
Copper miner Sandfire was one of many resource stocks to put in a decent gain yesterday.
Fisher and Paykel has just moved above a small consolidation pattern.
Select Harvests looks to be moving out of the recent bottoming type pattern.
Nanosonics looks set to break through a resistance level.
Objective Corporation is forming a large wedge pattern.
Green Energy hydrogen hopeful Hazer is up 20 per cent in five days and recently did a deal for a hydrogen project in Japan.
Some interesting returns from cash and the share market during the 1990’s including high cash rates and high share returns in the same year.
An interesting graph showing the longer term returns of gold versus the US S@P 500 index. At times the rise in gold is greater than the shares for short periods and vice-versa.
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.
Monitor, measure, manage and maximise… Cheers Charlie.
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