Redback's Australian Stock Market Report: APG

Showing posts with label APG. Show all posts

Sunday, January 16, 2011

Winner of the Week, week ended 14/1/2011

And the Winner of the Week from the Top 100 Stocks was Aquarius Platinum: APG.

Up +12.84%

Reason: No News. No announcements. Big Rise in Platinum Price this week.

Three days of sharp upward movement. Pull-back likely?

I’d be looking to buy on the dips from here.

Good luck

Red

About this blog

Emphasis in this report is given to inter-market analysis (bonds, gold, international stock markets, currencies), market sector analysis and breadth analysis. Mention will also be made of simple Technical Analysis tools. The main indicators used are the MACD (Moving Average Convergence Divergence), RSI (Relative Strength Index), Slow Stochastic, trend lines and On Balance Volume.

To make matters clear. I am not a licensed financial advisor. Any statement that I make should be read as the personal opinion of a simple chartist trying to make sense of a chaotic environment.