ASX free trading tips and index forecast - Stock moving up from strong support and holding above golden ratio - updated on 28th December 2015, Monday

AUSTRALIA ALL ORDINARIES

Index moving up from strong trend line support zone, technical indicates bulls will be favored.

Index also holding above its golden ratio resistance zone, as long as it holds above further bulls action can be seen in coming days.

If index moves up further then will find strong resistance at its previous top @ 5335.

Suggested reading - Visit link to read article on trading-methods.

ACE Limited stock price chart and US stock market tips - Stock moving in up channel pattern - updated for 28th December 2015, Monday

ACE LIMITED

Stock moving in up channel pattern in daily chart, technical indicates this will favor bulls and sharp price action can be seen once stock holds above its up channel pattern.

Chart also indicates that it is moving moving up from 50 DMA this will favor bulls for further price rise.

MACD indicator too turned positive this indicates further price rise action can be seen in coming days.

Suggested reading - Click link below to read article in what is stock market.

http://fi-advisor.com/what-is-stock-market.asp.

On December 28, 2015 Stock price of ACE limited was closed at NYSE - 118.19.

Abbott Laboratories stock price chart and financial market stock tips - Stock stuck in a range trend will be mix - updated for 28th December 2015, Monday

ABBOTT LABORATORIES LTD

Stock stuck in a range bound zone technical indicates trend will be mix as long as stays in between its range, sharp movement can be seen once stock comes out from its pattern.

Upper side stock will find resistance around 46.38 and support around 43.45.

Any side breakout will give sharp action.

Suggested reading - Click link to read article on what-is-financial-market.

On December 24, 2015, Abbott Laboratories stock price closed at NYSE at $ 45.10.

V Mart share price chart and free trading tips - Stock closed above its previous top bulls will be favored - updated for 28th December 2015, Monday

V-MART

Stock has closed above its previous top hence showed a bullish breakout signal this will favor bulls as long as stock holds above its trend line resistance zone.

Stock has also formed long bullish candle pattern with increase in trading volumes, intraday price action can be seen once stock holds above its yesterdays intraday high.

MACD and slow stochastic indicators are moving in +ve zone this will favor bulls.

Suggested reading - Click link to see best free currency trading tips.