Bipolar_trader

Bipolar_trader Updated 

CRUDE Oil has tested the neckline of the head shoulder pattern and looks to channel up to $56 in coming days. Positive FA with better than expected earnings from US economy and risks from Venezuela crisis emerging and pricing in. Bearing in mind, that oil has dropped from $70 in recent months and bottomed out, there is now more upside potential in its price.

Bipolar_trader Updated 

Primero Group a new mining services company that has literally formed out of the ashes of the failed Forge Group. Much of the management of Primero Group were former Forge Group employees responsible for the engineering and business development at Forge. It is worth noting that this group was not responsible for Forge's bankruptcy (see news articles attributing to...

Bipolar_trader Updated 

Amphenol has again surprised the market, with better than expected earnings. In the short term we will likely see a retrace in price. -

Bipolar_trader

A rough pattern, but interesting to note the triangle over the last decade or two. Strikingly unhealthy

Bipolar_trader Updated 

This week Costa group advised the markets that they were experiencing slow/sluggish sales of some of their produces. If this trend continues they expect that it will affect there earning through to the end of the year. Market response was to dump the shares which saw it drop from $7 to $5. Reasons for the sluggish sales is unknown, however there are some great...

Bipolar_trader Updated 

RSI has popped out of channel. Five days of gains for Beach Energy and improving USOIL. Could we see Beach Energy have a little rest, before marching on to $1.90? Key risks are movement on USOIL, China Growth, Trade Tensions and Brexit.

Bipolar_trader Updated 

Appen is a global leader in the development of high-quality, human annotated datasets for machine learning and artificial intelligence. Founded in 1990 it has developed into a market leader position in an increasingly automated and data rich world. Customers of Appen have now realise the value of data and the possibilities that can be unlocked through...

Bipolar_trader Updated 

Woodside shares have been in a bull run since march this year as the global economy continues to strengthen. It also marked a period where investors have felt more confident about Australian economy and US. With global demand for oil improving we have seen the price increase with little resistance as trade war fears have been brushed off. This is not to say that...