The Domino’s Pizza share price was hammered yesterday after results came in under traders’ expectations falling 18 per cent on the day briefly touching $40 as the slide from last year’s high of $80 continued.
The local market is continuing the sideways drift.
Ooh! Media rose strongly after results were released.
The gold price has again retreated from close to the $1,300 level.
South 32 looks to have moved above the recent sideways action.
Clean Teq Holdings could be building up for a breakout.
Smartgroup has taken a while to get back to the highs.
Western Areas the nickel producer looks to be consolidating the recent move up.
Woolworths has been moving up from the lows.
Disclaimer: The commentary and trading positions taken are for educational purposes only and are not an invitation to trade. Trading is risky and individuals should seek Professional counsel before making any financial decisions. Many thanks to Incredible Charts.com software for most of the charts used in the column. Monitor, measure, manage and maximise…Cheers Charlie.