Candlestick

BHP - My Favourite Stock to Trade


The BHP stock price has fallen considerably over the past week given the dramatic falls in commodity process this week. BHP closed the week much lower at $28.74 compared to last week's close of $31.72. Given the recent price movements BHP still remains my favourite stock to trade because of its liquidity and volatility.

Candlestick Analysis of the S&P500 Last Week


I personally don’t track the S&P500 because I tend to only trade the Australian Stocks as well as forex. Keep in mind this is just an exercise of technical analysis using candlesticks. Last week the S&P closed above [A] an established resistance point as established by existing support resistance theory as well as candlestick theory.

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