Australian (ASX) Stock Market Forum

Recent content by Porper

  1. Porper

    APX - Appen Limited

    Depends on what you call good value. It's declined by 95% since August 2020. Barge & Pole come to mind.
  2. Porper

    CBA - Commonwealth Bank of Australia

    Brokers have been bearish on CBA for many months now...yet they don't have a bad word to say about the other big 3. Technically it's the leader i.m.o. It has been for a decade at least. I don't hold.
  3. Porper

    Gold Price - Where is it heading?

    Not sure that has ever happened before in such a tight match. Foley played well until the last minute. Even his own teammates were yelling at him to kick the ball into touch, and he ignored them. No idea why as the ref kept telling him to play.
  4. Porper

    BGA - Bega Cheese

    I looked at this last night. A good recovery play i.m.o. Has hit a multi-year zone of support and reversed. The latter stages of the sell-off coincided with an increase in volume as well. Volume tapered off during the bounce which isn't ideal....could change though. I don't hold...yet
  5. Porper

    MP1 - Megaport Limited

    The positives Rob: It's declined around 78.6% of the prior leg, used by many Elliott analysts. I prefer 61.8% but that's just me. It's also hit a zone of support and reversed. Plus, there is a volume bubble around the lows implying the big boys may be taking an interest.. The confluence is...
  6. Porper

    The official "ASX is tanking!" panic thread

    There's nothing wrong with Tripe & onions...with white bread to dip up the juices!!
  7. Porper

    AIS - Aeris Resources

    This is the weekly chart. Falling wedge (ending diagonal triangle) terminated in the typical retracement zone. Breakout achieved...let's see if it sticks first as there are still a lot of false breakouts in this market. So far so good. Disclosure: I hold
  8. Porper

    CBA - Commonwealth Bank of Australia

    All good here in NZ Rob thanks. Hope all your clan are ok and that you are making some bucks on the markets.
  9. Porper

    CBA - Commonwealth Bank of Australia

    I am looking for another leg up to the target shown....as a minimum. Funny how almost all the brokers have CBA as their least preferred big bank. Longer term, it's looking good still i.m.o. I prefer Westpac short to medium term...has better patterns for me. Disclosure: I hold WBC
  10. Porper

    PDI - Predictive Discovery

    There is bearish divergence on the daily and weekly charts too. Provides a short-term headwind.
  11. Porper

    AAC - Australian Agricultural Company

    Getting smashed back now. Big intraday turnaround. I hold but will likely sell just before close unless price is well off the lows.
  12. Porper

    Momentum burst is a phenomenon in the markets

    Hi, can you post a chart (live) and then we can see how it works. I see on the website you advertise it states that you guarantee profits. How do you verify this? Thanks
  13. Porper

    Simple Technical Analysis Course

    Seriously....a course that lasts 3.5hrs?
  14. Porper

    Technical Analysis Course

    How much does the course cost?
  15. Porper

    Elliott Wave Counts

    No, what I meant was that your A-B-C corrections at both degrees of trend are far to deep. They nearly retrace the whole prior leg higher. Plus, each 5-wave move makes up a pattern at 1 larger degree...or it should.. Sorry, I just can't see how the analysis you have put forward helps making...
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