Fund flow into resource (materials) /energy stocks and sectors / uplift in technical ratings occurred earlier this week - WPL, OSH, STO, BHP, RIO generated...

Angela Mangan

QMG Pty Ltd

Fund flow into resource (materials) /energy stocks and sectors / uplift in technical ratings occurred earlier this week - WPL, OSH, STO, BHP, RIO generated new buy signals. The WTI oil price and base metal price technicals have not (yet) turned positive / generated buy signals. However, commonly, the stock technicals lead the related commodity e.g. oil stock buy signals are generated prior to the oil price technicals turning positive.


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Angela Mangan
Technical Analyst
QMG Pty Ltd

Angela has over 30 years experience in the technical analysis field. She provides technical analysis coverage of major Australian and global stocks / key markets, including provision of a bespoke technical service to wholesale clients.

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