Australian (ASX) Stock Market Forum

Which Stocks are on your Watchlist...

Joined
24 June 2004
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Hi Guys,

just curious to know, which stocks are currently on your watchlist...

personally the following... are some stocks, ive been keep a close eye on.... if they do break the hold backs... looking in towards the short/medium position holding...

GAN (is forming a triple top, but watching this stock to see if there is break through, the current resistance)

HIL Is also nearing a triple top, though there has been sound consolidation, below this resistance line, for the last few weeks.... could be either very bullish or bearish

SPT Has formed a triple bottom, but awaiting to see, if there is some, bullish movement to follow...

QAN Has also formed a triple bottom, but also awaiting to see if there is a bullish movement to follow

Cheers,
sis
 
MND, TOL, WPL, GUD, AXA :p

They are all in nice longterm uptrend.

I would like to know however how do you pick the stock for your portfolio? Do you just pick a company out of the blue or do you filter/search for some specifics?
 
Hi Jkool,

usually i just take a list of all the stocks that ANZ & BT are happy to margin lend against... (theres about 300 or so...) just type in the abbreivations for about 20 - 50 or so over the weekend.... (this is all done on etrade)

so what happens is, a whole bunch of abbreviations are typed one after the other, with one single space... drop down the interactive charts and click go...

for the next few minutes or so... my computer has a heart attack as about 20 - 50 or so charts start popping up...., quickly after that its, just a matter of looking at each chart for a few split seconds, to see if there is any stocks that have a significant breakout, or formation occuring (usually just the basics, uptrends, double/triple bottoms/tops) and then just adding only a selected few, that seem to have a promising view of some profitable movements...

sounds like alot of work, but many of the stocks, that get traded, are just the regulars... that have been traded in the past... many of the stocks viewed, are culled (or the popup window is closed ), and then its really just a few stocks that are kept on the watchlist...

other times, it could be from a tip sheet, and the stock is just added to the watchlist...

but honestly its about a good half an hour of just quickly looking at stocks that have some significant uptrends or breakouts happening...

Cheers,
sis
 
Just dump these stocks half an hour ago, taken profit:
HVN, LNN, HLY, COA, BLD and MAP

Only 2 days to go, so take some risk and pick up these stock:
NAB, NCP, CBA, TOL, TLS
 
Hi JetDollars,

just dumped HVN the other day too... but now looking back, that could have been premature, based on the bollinger bands, its gettting close to the oversold position, and we could see a reversal appearing...

for some reason with TLS, have a gut feeling, in the next coming weeks the stock will fall to about 4.72... (but based on a gut feeling, and with some technical analysis, do feel pretty strong about it.)

Cheers,
sis
 
I have quite a few I'm watching, some for longer trends and some for short. A few of them are:

- TEM, which seems to be forming a double bottom or possibly a head and shoulders bottom.

- SLT, which I got out of not long ago and am now waiting to see what it does at the 48 cent resistance level.

- RIC, which has just jumped above the $1.40 resistance level but on fairly low volume.

- PLF, which looks like it might be trying to bottom out.

Cheers,
GP
 
still_in_school said:
Hi JetDollars,

just dumped HVN the other day too... but now looking back, that could have been premature, based on the bollinger bands, its gettting close to the oversold position, and we could see a reversal appearing...

for some reason with TLS, have a gut feeling, in the next coming weeks the stock will fall to about 4.72... (but based on a gut feeling, and with some technical analysis, do feel pretty strong about it.)

Cheers,
sis

lol... dont know where that gut analysis came from.... but TLS did end up closing on 4.71...

Cheers,
sis
 
still_in_school said:
Hi Guys,

just curious to know, which stocks are currently on your watchlist...

personally the following... are some stocks, ive been keep a close eye on.... if they do break the hold backs... looking in towards the short/medium position holding...

GAN (is forming a triple top, but watching this stock to see if there is break through, the current resistance)

HIL Is also nearing a triple top, though there has been sound consolidation, below this resistance line, for the last few weeks.... could be either very bullish or bearish

SPT Has formed a triple bottom, but awaiting to see, if there is some, bullish movement to follow...

QAN Has also formed a triple bottom, but also awaiting to see if there is a bullish movement to follow

Cheers,
sis

Hi,
I haven't checked the charts but if successive tops peak at the same price I normally favour the bears to take over.
RichKid
 
tech/a said:
Im Interested.

What is it exactly that your watching for?

Everyone?

If pre-set entry conditions are met perhaps? A pre set entry price above a support level? A ST pullback on a LT uptrend?
 
Actually I expect each to be "Watching " for something different.

Thought it would be interesting to see a variety of setups that people look for

But I think most thought it was a baited question!!

True I do tend to do that!.

Still anyone like to add to pullbacks,as a setup.


tech
 
Hi Tech/a,

i do look at pullbacks as an entry, but only as an entry to average up on an open position.

good examples of lately would be WPL - woodside petroleum, typical it bounces a long a trend channel, but also has a pullback around the $20.00 mark, before it continues its uptrend and primary trend.

Cheers,
sis
 
For now, due to volume and liquidity I only trade and watch the following stocks:
1. AMP
2. BHP
3. CBA
4. LHG
5. NAB
6. NWS
7. RIO
8. TLS

But if I found stocks that I think it's good to trade then I will do as well.
For examples:
1. AGL
2. WPL
3. WOW
4. CSL

I also have my position open on OST, but still not sure how it's going in short term. Any thought on OST and WMR?
 
WMR Id hold with a stop at $6.65.
The gap up was so large the market is taking Stock(nice pun)Actually its accumulating and a good sign is a very slow rise in low volume.Anything above $7.40 is celebration time.(Positive).

OST below
 

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Your Watchlist:

ADB: $10.35 (21-Dec)

ARP: $3.73 (21-Dec)

ASX: $19.92 (21-Dec)

AVJ: $1.51 (21-Dec)

COH: $24.40 (21-Dec)

CPB: $10.00 (21-Dec)

CSR: $2.65 (21-Dec)

CXP: $5.80 (21-Dec)

FLT: $18.86 (21-Dec)

HIL: $4.25 (21-Dec)

HVN: $3.10 (21-Dec)

NWS: $24.60 (21-Dec)

OMP: $3.60 (21-Dec)

PCG: $0.48 (21-Dec)

PPT: $59.50 (21-Dec)

WOW: $15.08 (21-Dec)

My "WATCHLIST",

TECHA for your definition; my "WISHLIST" ;)

The Barbarian Investor
 
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