Trading Strategies for Alina Limited (Australian Stock Exchange): Make a Buy, Sell or Hold recommendation using various technical trading strategies.

TABLE OF CONTENTSINTRODUCTION2ALINTA LIMITED3US DOLLAR / JAPANESE YEN7THE DOW JONES INDUSTRIAL AVERAGE10CONCLUSION12REFERENCES13IntroductionThis account bidding aims to make a buy, sell or hold tribute on Alinta particular, a timeworn traded on the Australian stock commercialize, the USD/JPY exchange rate, and the Dow Jones industrial Average based on unplumbed and technical digest. This report largely foc single- rated functions on technical analysis where the use of chart Patterns such(prenominal) as Wedges, and Triangles are examined, trends such as the use of Moving Average Patterns, and Oscillators such as Relative force-out Index and the Moving Average Convergence/ expiration oscillator. Alinta LimitedAlinta Limited May 2005 ? October 2005 (Chart: incrediblecharts.com)Alinta has appreciated quite substantially in the bypast year, ranging from $7.00 a year ago to its present value of closely $10.50. This has mainly been due to the fundamentals of Alinta being ratt ling unbendable with the belief that the purchase of ex-Duke?s Energy assets is a dangerous synergy with Alinta?s business strategy. With the addition of origin extension to become a national utility with interests in distribution networks, its development of electricity generation infrastructure, it is well positioned to be a total energy provider in a growing WA energy market. It is also scoring unused contracts in other states to capitalize in the energy market over east.

(Alinta, 2005)This is what is driving Alinta fundamentally, but there are some severalize technical meditates from the last sixsome months which sack kick the bucket an kee! nness into future market action. Some of the ones used to analyse Alinta?s performance over the last include Wedges, a threefold top pattern, and moving average crossovers. The first patterns that can be analysed are the wedges that form within the last six months. twain typical wedges are the ones seen about the start of June to the center of attention of June and end-to-end July. The one seen in... If you want to get a ample essay, clubhouse it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay