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Melb PC Investment Tools Group

Investment Tools - WASINT - (Web And Software INvestment Tools) Group

Meeting: Tuesday 13 November 2018: Constructing and Using Trend Lines

The regular meeting on 13 November 2018 is at the Melbourne PC User Group headquarters at 10.30 am to 12.30 pm (location details as for Melb PC monthly meetings, 479 Warrigal Road, Moorabbin).

Trend lines are among the most widely used means of analyzing price charts. This meeting will discuss the construction and interpretation of trends lines as applied to WASINT momentum stocks on the ASX market. These interpretations extend to stock that might be consider for buy, sell or hold decisions. Another application of trend lines which is less widely used is to calculate the annual rate of return over the period that a tend line can be established. This application contributes to information as to which stock to hold in a portfolio.

The User Group Meeting rooms are the top floor, north side of 479 Warrigal Rd. The building is on the west side of Warrigal Road, just south of Cochranes Rd opposite Bunnings. Preferred parking is likely behind the building, entering by the access road just south of number 479. If coming from the north travelling south along Warrigal Road it is necessary to travel a short distance past number 479 and then execute a ‘U’ turn at the provided location in the dual carriage way.

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