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Harvey Norman On The Move


Harvey Norman On The Move
By Michael Gable 
In this week s research, we have identified a household name, Harvey Norman Holdings ((HVN)), which has recently dipped lower but is ready to get rallying again.
After easing back across March – May, we can see that HVN then levelled out. It put in a higher low in June and also made it clear that $5.40 was a key resistance level. In the last few days, we have seen HVN break above resistance and start to move higher. It is therefore clear that the stock is ready to trend higher again and this breakout from the last few days is a buying opportunity. Tight stops can be placed just under the breakout near $5.40, otherwise major support at $5.00 needs to hold. ....

New South Wales , Michael Gable , Australian Financial Services License No , Bachelor Of Commerce University Sydney , Diploma Of Financial Services Finsia , Harvey Norman Holdings , University Of Sydney , Fairmont Equities , Private Clients , Sky News Business , Australian Financial Review , Mortgage Lending , Financial Services , Derivatives Adviser Levels , Equities Australia , Australian Financial Services License , Thank You , Ten Years , புதியது தெற்கு வேல்ஸ் , மைக்கேல் கேபிள் , ஆஸ்திரேலிய நிதி சேவைகள் உரிமம் இல்லை , இளங்கலை ஆஃப் வர்த்தகம் பல்கலைக்கழகம் சிட்னி , ஹார்வி நார்மன் ஹோல்டிங்ஸ் , பல்கலைக்கழகம் ஆஃப் சிட்னி , ஃபேர்மாண்ட் பங்குகள் , ப்ரைவேட் வாடிக்கையாளர்கள் ,

Ansell: Renewed Interest


By Michael Gable 
Recent events have seen a resurgence in share prices of so called COVID beneficiaries . However, some of these stocks were already on the move before the recent Sydney lockdown. We have a chart this week on [PPE manufacturer] Ansell ((ANN)).
We looked at ANN at the start of May and noted that it was likely to dip back to $40 before it got going again. We can now see that the recent consolidation is over and ANN is now breaking higher (circled). The chart looks bullish and ANN looks like a buying opportunity for investors here, as it is still at the start of its next rally higher. ....

New South Wales , Michael Gable , Australian Financial Services License No , Bachelor Of Commerce University Sydney , Diploma Of Financial Services Finsia , University Of Sydney , Fairmont Equities , Private Clients , Sky News Business , Australian Financial Review , Mortgage Lending , Financial Services , Derivatives Adviser Levels , Equities Australia , Australian Financial Services License , Thank You , Ten Years , புதியது தெற்கு வேல்ஸ் , மைக்கேல் கேபிள் , ஆஸ்திரேலிய நிதி சேவைகள் உரிமம் இல்லை , இளங்கலை ஆஃப் வர்த்தகம் பல்கலைக்கழகம் சிட்னி , பல்கலைக்கழகம் ஆஃப் சிட்னி , ஃபேர்மாண்ட் பங்குகள் , ப்ரைவேட் வாடிக்கையாளர்கள் , வானம் செய்தி வணிக , ஆஸ்திரேலிய நிதி விமர்சனம் ,

Treasury Wine: Fighting Back


By Michael Gable 
In this week s report, we have identified an opportunity in  Treasury Wine Estate ((TWE)).
The overall trend for TWE is still down and volatility is still quite high, but it looks like we have a short-term trading opportunity. Across April and early May, we had a situation where the trading ranges of TWE were tightening up. This then led to a breakout last week on strong volume. This means that TWE is likely to go for a run here. If it can get through the February peak, then we would be looking at a retest of the August high. ....

New South Wales , Michael Gable , Australian Financial Services License No , Bachelor Of Commerce University Sydney , Diploma Of Financial Services Finsia , University Of Sydney , Treasury Wine Estate , Fairmont Equities , Private Clients , Sky News Business , Australian Financial Review , Mortgage Lending , Financial Services , Derivatives Adviser Levels , Equities Australia , Australian Financial Services License , Thank You , Ten Years , புதியது தெற்கு வேல்ஸ் , மைக்கேல் கேபிள் , ஆஸ்திரேலிய நிதி சேவைகள் உரிமம் இல்லை , இளங்கலை ஆஃப் வர்த்தகம் பல்கலைக்கழகம் சிட்னி , பல்கலைக்கழகம் ஆஃப் சிட்னி , கருவூலம் மது எஸ்டேட் , ஃபேர்மாண்ட் பங்குகள் , ப்ரைவேட் வாடிக்கையாளர்கள் ,