Caution takes hold
Article Abstract:
The sudden upward surge in the US in December 2003 carried the Australian Stock Exchange even higher, after which the struggle to surge higher slowed down. The investors are cautioned to take a proper decision when Australian stock market is testing the highs of October 2003, its highest peak since the bull run began in March 2003, as chartists refer to these previous high as call resistance levels.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2004
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A time for caution
Article Abstract:
The possible outcomes of the rising trend in the index of the Australian stock market are presented. It is suggested that investors must know where there stop-loss or protect-profit level is on every stock in their portfolio and act swiftly if it is violated.
Publication Name: Business Review Weekly
Subject: Business, general
ISSN: 0727-758X
Year: 2004
User Contributions:
Comment about this article or add new information about this topic: