Sunday, May 22, 2011

Australia's stockmarket-First charts

I'm not far further than that right now but it looks very convincing for the market once the XAO took the 5000 something,that'll be likely soon as this chart formation in the 10 year chart is called a "ascent triangle",which is a strong indicator for further rising quotes.
A 10 year chart of the XAO:
A 1 year chart:
I'm struggeling to get individual stock charts right now without adequate knowledge about the markets yet,but i'll work myself into it from now on.:)

A great webside in this context i've discovered yet:
http://asx.netquote.com.au/charts.asp

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