Monday, November 8, 2010

Kevi's morning charts 8th Nov

Morning all,

With all the talk about the banks the last few days since the Comm Bank decided to do the so called 'unthinkable' (raising the rates above the RBA's), I thought I would have a quick look at the ASX financials index (XFJ) to see where it is at right now.

Here is a chart. IMHO it looks interesting, and I reckon it has a chance of breaking higher into the upper channel.

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Here are a few other charts

Silver Mines (SVL)

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Flinders Mines (FMS)

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Here is a chart I posted a week or so ago also. Extract closed @ $8.39 Friday and looks to have a big more in the tank..

Extract Resources (EXT)

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Consolidated Tin (CSD)

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Cheers and good luck this week

Kevi

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