Trading Strategies for Alina Limited (Australian Stock Exchange): Make a Buy, Sell or Hold recommendation using various technical trading strategies.

TABLE OF CONTENTSINTRODUCTION2ALINTA LIMITED3US DOLLAR / JAPANESE YEN7THE DOW JONES INDUSTRIAL AVERAGE10CONCLUSION12REFERENCES13IntroductionThis account statement aims to make a buy, sell or hold recommendation on Alinta particular, a stock traded on the Australian stock market, the USD/JPY exchange rate, and the Dow Jones industrial Average based on fundamental and technical analysis. This report largely foc single-valued functions on technical analysis where the use of chart Patterns such as Wedges, and Triangles are examined, trends such as the use of Moving Average Patterns, and Oscillators such as Relative force-out Index and the Moving Average Convergence/Divergence oscillator.

Alinta LimitedAlinta Limited May 2005 ? October 2005 (Chart: incrediblecharts.com)Alinta has appreciated quite substantially in the bypast year, ranging from $7.00 a year ago to its present value of closely $10.50. This has mainly been due to the fundamentals of Alinta being very unbendable with the belief that the purchase of ex-Duke?s Energy assets is a dangerous synergy with Alinta?s business strategy. With the addition of power extension to become a national utility with interests in distribution networks, its development of electricity generation infrastructure, it is well positioned to be a total energy provider in a growing WA energy market. It is also scoring new contracts in other states to capitalize in the energy market over east.



(Alinta, 2005)This is what is driving Alinta fundamentally, but there are some severalize technical analyses from the last six months which can give an keenness into future market action. Some of the ones used to analyse Alinta?s performance over the last include Wedges, a threefold top pattern, and moving average crossovers.

The first patterns that can be analysed are the wedges that form within the last six months. twain typical wedges are the ones seen about the start of June to the middle of June and end-to-end July. The one seen in...

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