Champion Iron Shares Fall To Lowest Level In Six Years: The Latest Look
Champion Iron shares (ASX:CIA) fell another 4.85% to A$1.76, making a new six year low at A$1.72, and applying further pressure to holders who have seen a 71.2% drop this year. It has been a torrid time for the stock, as markets continue to sell since the quarterly result confirmed the company is currently selling…
Goodman Group Shares Hit Resistance, As Range Holds
Goodman Group shares (ASX: GMG) closed down 1.61% at A$26.87, after once again butting up against resistance at A$27.50. The GMG share price tested intraday support at both the 30-day simple moving average of A$26.49 and the 50-day SMA of A$26.63 before recovering partially into the close. The stock now sits in a technically awkward…
Worley Shares Dip Below A$10, As Relief Rally Takes Pause
Worley secured a significant new engineering contract for Venture Global’s CP2 Expansion LNG project in Louisiana on Wednesday, but the announcement was not enough to prevent the company from retreating below the A$10 level on the day. Worley shares (ASX: WOR) closed out the day at A$9.95, a decline of 3.49% on the session after…
4DMedical Shares Down 37% In a Week, As Selling Continues
4DMedical shares (ASX:4DX) fell a further 10.79% yesterday to $2.15, continuing what has been a terrible run for the stock. Down 47.17% in the past month, and 37.32% over the past week of trading, the 4DX share price has been hit by a wave of selling pressure, that has flipped the script on the yearly…
Block Shares On Six Day Run, As Bulls Eye Up Breakout
Block, Inc shares (ASX:XYZ) sat atop the ASX 200 leaderboard yesterday, adding 6.06% to A$116.31 on heavy volume. The sixth consecutive green day has seen the XYZ share price add 10.75%, with the move supported by a beat and raise quarterly print. Coming into earnings, there had been some concerns about rising credit losses and…
Telstra Shares Break Above A$5, As Momentum Shifts
Telstra shares (ASX: TLS) have cleared a closely watched resistance level this week, reclaiming the A$5.00 handle as well as the 200 day moving average to signal a potential shift of momentum. The Telstra share price closed out yesteday’s session at A$5.05, extending a rebound of 10.26% over the past ten weeks that has pushed…
Macquarie Group Shares Pause To Test Support: Upcoming FY Results Cast Shadow
Macquarie Group shares (MQG: ASX) have been one of the standouts in the financial space this year, but that run has hit a moment of friction, with shares pulling back from record highs to test a key technical level. This comes as the company prepares to deliver its half-year results alongside a significant change at…
Caprice Resources Shares Gain A New Bull
Caprice Resources shares (ASX: CRS) are coming off a strong session, as BMO Capital threw its weight behind the junior gold explorer, initiating coverage with an Outperform rating and a price target that suggests plenty of upside. The CRS share price closed at A$0.075, up 25% on the session, with the release of a maiden…
NAB Shares Testing Key Levels Into FY Results: The Latest
National Australia Bank shares (ASX: NAB) are up 6.69% on the month as the bank heads towards its full-year result on Thursday, having tested the 200 day SMA intraday. A significant restructuring announcement, where NAB confirmed late in October that it would cut up to 2,500 roles in FY27, including up to 1,500 by the…
Weebit Nano Shares Hit New 52Wk Low, As Selling Pressure Continues
Weebit Nano shares (ASX: WBT) are continuing to come under pressure, making new 52-week lows at A$2.21, after what has been a punishing 75% drop from its 2026 high. The latest 5.51% down day has left the WBT share price 53% in the red since the start of the year, with market cap now at…
