Happy New Year to everyone. I hope 2015 provides generous financial returns for those trading the markets. Below is a series of charts from shares on the Australian Stock market that provide potential trading opportunities as I see it.

Alumina (AWC)

Has formed a bullish flag after breaking out from resistance. I will be waiting for a breakout from the flag to trigger a long signal. Support is at $1.78.

Alumina (AWC)

Evolution Mining (EVN)

Solid breakout from the inverse head and shoulders resistance neckline of 62 cents a few weeks ago has seen this level hold. The target level of 80 cents is measured by the height of the head to neckline.

Evoluation Mining (EVN)

Magellan Fin Group (MFG) 

Is in a strong up-trend with recent consolidation forming a pennant. Wait for a breakout from this triangle to signal a long setup.

Magellan Fin Grp (MFG)

Northern Star (NST)

Another share to have broken out from an inverse head and shoulders with recent consolidation forming a triangle. traders can get a second entry if the share is able to breakout and close above resistance.

Norther Star (NST)

Happy Trading for 2015

Flavio