MARKET WRAPS

Evening Wrap: ASX 200 dips, but Lynas, IperionX and Mineral Resources lead rare earth, critical minerals and lithium charge

The S&P/ASX 200 closed 2.9 points lower, down 0.03%.

Lead Writer and Presenter
Thu 5 June 2025, 17:37 AEST
15 min read

Mentioned

The S&P/ASX 200 closed 2.9 points lower, down 0.03%.

If you happen to own any rare earth, critical minerals, or lithium stocks, it might have been the best day you've experienced on the Aussie stock market for quite some time! 🥳

What's driving these massive moves? We investigate several recent developments in tonight's Wrap.

Also, I have detailed technical analysis on the Nasdaq Composite, S&P/ASX 200, and Uranium in today's ChartWatch.

Be sure to click/scroll through for the usual reporting of the major sector and stock-specific moves, the broker responses to them, as well as all the key upcoming economic data in tonight's Evening Wrap.

Let's dive in!


Today in Review

Name
Value
% Chg
Major Indices
ASX 2008,538.9
-0.03%
All Ords8,768.6
-0.02%
Small Ords3,276.2
-0.11%
All Tech4,039.7
+0.22%
Emerging Companies2,321.1
+0.36%
Currency
AUD/USD0.649
0.00%
US Futures
S&P 5005,973.75
-0.12%
Dow Jones42,476.0
-0.06%
Nasdaq21,735.25
-0.14%
Name
Value
% Chg
Sector
Information Technology2,928.4
+0.71%
Real Estate3,935.7
+0.60%
Materials16,480.3
+0.52%
Communication Services1,841.7
+0.02%
Financials9,356.6
-0.11%
Consumer Discretionary4,109.9
-0.26%
Industrials8,355.0
-0.33%
Energy8,043.4
-0.39%
Consumer Staples12,436.5
-0.40%
Utilities9,223.0
-0.67%
Health Care41,768.4
-0.77%

Markets

ASX 200 (XJO) intraday chart 05 Jun 2025
ASX 200 Session Chart

The S&P/ASX 200 (XJO) finished points lower at 8,538.9, 0.33% from its session high and just 0.14% from its low. In the broader-based S&P/ASX 300 (XKO) advancers lagged decliners by a modest 128 to 146.

On the surface it was a dull day's trading for the Aussie stock market. So...very...dull...😩

But, if you happen to own any rare earth, critical minerals, or lithium stocks, it might have been the best day you've experienced on the Aussie stock market for quite some time! 🥳

  • +28.8% IperionX (IPX)

  • +14.8% Mineral Resources (MIN)

  • +12.5% Lynas Rare Earths (LYC)

  • +12.5% Pilbara Minerals (PLS)

  • +9.9% MTM Critical Metals (MTM)

  • +9.6% IGO (IGO)

  • +9.4% Arafura Rare Earths (ARU)

  • +9.4% Mayne Pharma Group (MYX)

  • +8.4% Core Lithium (CXO)

  • +7.1% Iluka Resources (ILU)

  • +6.2% Vulcan Energy Resources (VUL) '

  • +6.1% Novonix (NVX)

  • +5.7% Liontown Resources (LTR)

  • +5.6% Chalice Mining (CHN)

Some decent moves...and for lithium stocks, backing up similar gains yesterday. Interestingly for those lithium stocks, today's gains weren't underwritten by a corresponding pop in minerals prices. The benchmark July lithium carbonate futures contract on China's GFEX closed down 1.6%.

What's driving these massive moves? Specific company news was absent across all of the above but IPX. However, that announcement, a U.S. Department of Defense contract to progress “Low-Cost Domestic Titanium for Defense Applications”, may have added to:

  • Media reports of the negative fallout recent Chinese rare earth export and processing technology bans are having on EU and US auto industries; and

  • The US government greenlighting two US-based lithium processing facilities and providing US$375 million of combined support funding, citing the dominance of China in the lithium supply chain.

With the exception of IPX, LYC and MTM - all three of which have Featured regularly and recently in ChartWatch ASX Scans Uptrends Lists, the rest are severely wanting on the charts. But, all new uptrends must start somewhere, and while that prospect might be a little ways down the track for many, these sharp gains are at least getting some attention - not just from me but likely also from the short sellers!

Today's blue-chip best:

Company
Last Price
Change $
Change %
1mo %
1yr %
Mineral Resources (MIN)
$23.19
+$2.99
+14.8%
+11.1%
-67.7%
Lynas Rare Earths (LYC)
$9.26
+$1.03
+12.5%
+15.9%
+37.6%
Pilbara Minerals (PLS)
$1.350
+$0.15
+12.5%
-12.3%
-64.7%
IGO (IGO)
$4.34
+$0.38
+9.6%
+4.6%
-39.2%
GPT Group (GPT)
$4.91
+$0.13
+2.7%
+2.3%
+15.3%
Charter Hall Group (CHC)
$19.24
+$0.38
+2.0%
+5.7%
+55.8%
SGH (SGH)
$54.10
+$0.99
+1.9%
+8.9%
+38.1%
James Hardie Industries (JHX)
$39.13
+$0.71
+1.8%
+6.0%
-17.3%
Whitehaven Coal (WHC)
$5.59
+$0.1
+1.8%
+10.0%
-32.2%
Life360 (360)
$33.28
+$0.52
+1.6%
+43.2%
+117.5%
Fortescue (FMG)
$15.49
+$0.23
+1.5%
-3.7%
-37.5%
ALS (ALQ)
$16.44
+$0.24
+1.5%
-5.2%
+16.5%
Bluescope Steel (BSL)
$24.01
+$0.33
+1.4%
+4.8%
+11.1%
Sandfire Resources (SFR)
$11.71
+$0.15
+1.3%
+13.1%
+25.1%
Goodman Group (GMG)
$33.58
+$0.35
+1.1%
+8.1%
+0.2%
Technology One (TNE)
$42.39
+$0.44
+1.0%
+34.4%
+139.6%
Seek (SEK)
$24.17
+$0.25
+1.0%
+17.1%
+6.4%
Aurizon (AZJ)
$2.99
+$0.03
+1.0%
+1.4%
-19.0%
Fisher & Paykel Healthcare (FPH)
$34.72
+$0.32
+0.9%
+5.0%
+27.4%
Xero (XRO)
$189.99
+$1.12
+0.6%
+14.6%
+41.5%

Today's blue-chip worst:


Company
Last Price
Change $
Change %
1mo %
1yr %
IDP Education (IEL)
$3.54
-$0.24
-6.3%
-62.5%
-77.5%
Soul Pattinson (SOL)
$40.14
-$1.27
-3.1%
+8.1%
+27.3%
Telix Pharmaceuticals (TLX)
$26.43
-$0.77
-2.8%
-2.5%
+45.6%
Qantas Airways (QAN)
$10.40
-$0.3
-2.8%
+9.0%
+72.2%
JB HI-FI (JBH)
$109.95
-$2.29
-2.0%
+6.3%
+90.0%
Cleanaway Waste Management (CWY)
$2.73
-$0.05
-1.8%
+3.8%
-3.2%
Evolution Mining (EVN)
$9.07
-$0.15
-1.6%
+7.1%
+133.8%
QBE Insurance Group (QBE)
$23.62
-$0.33
-1.4%
+10.1%
+29.4%
Reliance Worldwide (RWC)
$4.34
-$0.06
-1.4%
+4.6%
-11.6%
CSL (CSL)
$242.96
-$3.26
-1.3%
0.0%
-13.6%
Origin Energy (ORG)
$10.58
-$0.14
-1.3%
-2.1%
+2.6%
Computershare (CPU)
$40.74
-$0.51
-1.2%
+7.2%
+52.0%
Hub24 (HUB)
$84.18
-$1.02
-1.2%
+9.0%
+92.9%
Ramsay Health Care (RHC)
$37.99
-$0.41
-1.1%
+10.3%
-19.2%
Reece (REH)
$16.15
-$0.17
-1.0%
+3.5%
-36.7%
Treasury Wine Estates (TWE)
$8.22
-$0.08
-1.0%
-8.1%
-27.6%
Ansell (ANN)
$31.16
-$0.3
-1.0%
-0.9%
+26.2%
Pro Medicus (PME)
$280.82
-$2.51
-0.9%
+18.4%
+131.6%
AMP (AMP)
$1.260
-$0.01
-0.8%
-1.6%
+16.1%
Santos (STO)
$6.54
-$0.05
-0.8%
+9.0%
-14.7%

ChartWatch

NASDAQ Composite Index

NASDAQ Composite Index chart 04 Jun 2025
C'mon Incy, you can do it!!! 🕷️ (click here for full size image)

Observing the chart of the Comp brings to mind a story about a spider ascending a waterspout. 🕷️

Up and up little Incy Wincy went, not knowing how high that waterspout was...fearless despite the knowledge that a rain shower should come by at any time and wash her out! 🌧️

And so, we too climb with the Comp up the waterspout towards 20205 – similarly fearless that the next bit of bad news – or perhaps that in combination with the next…who knows…who cares…conspires to alter the demand-supply environment from the present state of excess demand to one of excess supply.

Fearless, because when it eventually occurs (must it occur? um, probably!), we’ll read the warning signs and know exactly what to do ⚠️✅.

Those warning signs could be:

Long supply-side candle (i.e., black body and or upward pointing shadow – i.e., signalling that demand was overwhelmed by supply…the supply side is moving in to take control).

Lower peaks, and subsequently lower troughs (indicating supply reinforcement (i.e., lower peaks) and demand removal (i.e., lower troughs).

The price closing below points of demand (e.g., static points like 18847 and 18599, or below the dynamic excess demand of the short term uptrend ribbon).

Last night’s tiny, a-bit-of-excess-demand-but-nothing-really candle doesn’t change my view here: Short and long term demand-side control = stay the course.

With 19415 dispensed with, 20205 is now the main and only game. There’s absolutely nothing in the present technicals to suggest that the Comp cannot get there.

S&P/ASX 200 (XJO)

ASX 200 (XJO) chart 05 Jun 2025
An interesting chart (click here for full size image)

8567.

It’s one of only two peaks on the above chart that have not yet been closed above. The other is 8616.

But as you can see from the long upward pointing shadow on that fateful 14-Feb Valentine’s Day peak candle – the excess supply at 8567 might have been probed, but it was not vanquished.

On could argue that same supply stopped us in our tracks today – smack bang on 8567.

Or it could just be pure coincidence! 😁

Today’s high, does, to be fair, sit at the bottom of a dark pink area of shading representing a perceived zone of excess supply which I drew on 15-Feb. So, maybe there’s a smidge more than simply coincidence going on here.

Hey, it’s tough at the top:

  1. There’s selling from those who feel they’ve earnt a reprieve by hanging on through the carnage of March and April – that this is the chance to exit they should have taken last time.

  2. There’s those who bought in at the top last time – all #FOMO and #YOLO and dragged along by the-then sea of bullish enthusiasm – only to be decimated by Trump’s trade war. But just as with the last group, they’ve also been given a reprieve. The prospect of breaking even might sound very tempting to them.

  3. There’s the naysayers and downright bearish. They’ve been waiting patiently for the market to recover to its previous highs to sell out and get short – “surely it can’t go any higher”…”think of the risks on the horizon”…”think of the overvaluations” they cry!!! What better place to get short than at “the top”!?

  4. There’s the swing traders, who bought the dip, and for whom that old high represents a stumbling block ahead of which to lock in their profits.

1+ 2 + 3 + 4 + 5 = The Supply-Side

As we commonly call them! But we don’t care so much about why they’re doing what they’re doing, simply that they’re doing it.

But the other part of the equation cannot be ignored. There’s also a demand-side, too.

All that supply will amount to nothing if there’s sufficient demand to give them what they want – cash.

The demand-side must possess the ammunition (cash) and motivation (price) to clear them out, to put the supply-side in cash.

The best thing about this, ladies and gentlemen, is that once these non-believers have been dislodged from their stock into cash, when we eventually break to new highs – they are now part of a very important part of the demand-side – those scrambling to get back in!

Uranium Futures (Front month, back-adjusted) COMEX

Uranium Futures (Front month, back-adjusted) COMEX chart 04 Jun 2025
The battle with the long term trend ribbon continues! 🥊🥊 (click here for full size image)

The last time we covered uranium was in ChartWatch in the Evening Wrap on 26 May.

In that update, and in the several before it, we were tracking a developing and promising short term uptrend. We noted, however, that the long term trend ribbon “continues to pose a very real threat to this still-fledgling short term uptrend”.

And true to form, here we are with another blip back below the long term trend ribbon – which itself continues to converge and demonstrate a growing equilibrium in the long term demand-supply environment.

But equilibrium is balance, not an excess of demand (if anything it’s still tilted towards an excess of long term supply!). We are witnessing a butting of heads between short term optimism and long term stagnation, but no doubt, also continuing nagging suspicions about oversupply.

The price action remains intact, rising peaks and rising troughs – even if 71.80 only just pipped 71.70 before it. It is not uncommon to see the price action compress around known and expected significant zones of supply.

So, a blip down is all it is for now. Not the end of the short term rally, simply another opportunity for the demand-side to really prove themselves. If we see a quick bounce off the short term uptrend ribbon – now clearly the critical zone of dynamic excess demand going forward – then there’s every chance we can clear out the supply at 71.70-71.80 and have another go at defeating that pesky long term trend ribbon.

Alternatively, a close below the short term uptrend ribbon would signal the short term demand-side party is likely coming to an end – and the uranium price risks resuming its prior bear market.


Economy

Today

  • CHN Caixin Services Purchasing Managers Index (PMI) May

    • 51.1 vs 51.0 forecast and 50.7 in April

    • Readings >50 equate to growth in the sector, so we are seeing modest growth, improving since April, and slightly better than expected.

Later this week

Thursday

  • 00:00 ISM Services PMI May (52.1 forecast vs 51.6 in April)

  • 22:15 EUR Main Refinancing Rate & Monetary Policy Statement (-0.25% to 2.15% forecast)

Friday

  • 00:00 USA Non-Farm Employment Data May

    • Employment Change m/m: +130,000 forecast vs +177,000 in April

    • Average Hourly Earnings m/m: +0.3% m/m forecast vs +0.2% m/m in April)

    • Unemployment Rate: 4.2% forecast, unchanged from April


Latest News


Interesting Movers

Trading higher

  • +28.8% IperionX (IPX)IperionX Awarded U.S. DoD SBIR Contract for up to US$99M, general strength across the broader Rare Earths & Critical Minerals sector today, rise is consistent with prevailing short and long term uptrends, a recent regular in ChartWatch ASX Scans Uptrends list 🔎📈

  • +14.8% Mineral Resources (MIN) – No news, general strength across the broader Lithium sector today, despite no specific news across any of the major producers. Benchmark lithium carbonate futures are pulling back around 1.5% of yesterday's 1.9% gain - so not commodity price related. These are all heavily shorted stocks, so possibly some shorts scrambling after yesterday's strong gains on minerals prices gains and announcement of Trump administration support for an Albermarle (NYSE: ALB) processing plant.

  • +14.6% 29METALS (29M) – No news, general strength across the broader Copper sector today.

  • +13.8% Coronado Global Resources (CRN)Response to Media.

  • +12.5% Lynas Rare Earths (LYC) – No news, general strength across the broader Rare Earths & Critical Minerals sector today due to Reuters and CNBC reports that China's recent curbs on rare earths exports is hurting EU and US auto industries. Also, upgraded to accumulate from hold at Ord Minnett. Rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list 🔎📈

  • +12.5% Pilbara Minerals (PLS) – No news, general strength across the broader Lithium sector today.

  • +12.0% Clarity Pharmaceuticals (CU6)DISCO topline results.

  • +9.9% MTM Critical Metals (MTM) – No news, general strength across the broader Rare Earths & Critical Minerals sector today, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list 🔎📈

  • +9.8% Orthocell (OCC) – No news, bounced perfectly from long term uptrend ribbon! 🔎📈

  • +9.6% IGO (IGO) – No news, general strength across the broader Lithium sector today.

  • +9.4% Arafura Rare Earths (ARU) – No news, general strength across the broader Rare Earths & Critical Minerals sector today.

  • +9.4% Mayne Pharma Group (MYX)Supplementary Scheme Booklet.

  • +9.1% The Star Entertainment Group (SGR) – No news 🤔

  • +8.4% Core Lithium (CXO) – No news, general strength across the broader Lithium sector today.

  • +7.5% Trigg Minerals (TMG) – No news, general strength across the broader Rare Earths & Critical Minerals sector today, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list 🔎📈

  • +7.4% Asara Resources (AS1) – No news, rise is consistent with prevailing short and long term uptrends 🔎📈

  • +7.1% Iluka Resources (ILU) – No news, general strength across the broader Rare Earths & Critical Minerals sector today.

  • +6.4% Challenger Gold (CEL)Reinstatement to Quotation and Pre-Feasibility Study Summary Report, rise is consistent with prevailing short and long term uptrends, a regular in ChartWatch ASX Scans Uptrends list 🔎📈

  • +6.2% Vulcan Energy Resources (VUL) – No news, general strength across the broader Lithium sector today.

  • +6.1% Novonix (NVX) – No news, general strength across the broader Rare Earths & Critical Minerals sector today.

  • +5.7% Liontown Resources (LTR) – No news, general strength across the broader Lithium sector today.

  • +5.6% Chalice Mining (CHN) – No news, general strength across the broader Rare Earths & Critical Minerals sector today.

Trading lower

  • -10.4% Tyro Payments (TYR)CEO and Managing Director Resignation.

  • -8.4% Redox (RDX) – No news, fall is consistent with prevailing short and long term downtrends, a regular in ChartWatch ASX Scans Downtrends list 🔎📉

  • -6.9% Dateline Resources (DTR) – No news, today's move is consistent with recent volatility.

  • -6.3% IDP Education (IEL) – Continued negative response to 03-Jun Market and Trading Update and Change in substantial holding (indicates a potential increase in short selling activity), fall is consistent with prevailing short and long term downtrends, one of the most Featured (highest conviction) stocks in ChartWatch ASX Scans Downtrends list 🔎📉

  • -4.8% Pacific Current Group (PAC)Media reports regarding Abacus Global Management.

  • -4.8% Navigator Global Investments (NGI) – No news, fall is consistent with prevailing short term downtrend and long term trend is transitioning from up to down 🔎📉

  • -4.6% Healius (HLS) – No news, fall is consistent with prevailing short and long term downtrends, a regular in ChartWatch ASX Scans Downtrends list 🔎📉


Broker Moves

Alligator Energy (AGE)

  • Retained at speculative buy at Bell Potter; Price Target: $0.100

AGL Energy (AGL)

  • Retained at equal-weight at Morgan Stanley; Price Target: $11.88

ALS (ALQ)

  • Retained at outperform at Macquarie; Price Target: $18.20 from $17.30

ARB Corporation (ARB)

  • Retained at neutral at Citi; Price Target: $39.54

  • Retained at buy at Ord Minnett; Price Target: $37.00

Austal (ASB)

  • Downgraded to hold from buy at Bell Potter; Price Target: $5.60 from $4.45

Adveritas (AV1)

  • Retained at speculative buy at Bell Potter; Price Target: $0.150 from $0.140

Boss Energy (BOE)

  • Retained at buy at Bell Potter; Price Target: $4.85

Bhagwan Marine (BWN)

  • Initiated at buy at Shaw and Partners; Price Target: $0.800

Car Group (CAR)

  • Retained at buy at Citi; Price Target: $42.00

Core Lithium (CXO)

  • Retained at hold at Canaccord Genuity; Price Target: $0.100 from $0.080

Cyclopharm (CYC)

  • Retained at buy at Bell Potter; Price Target: $2.20 from $2.70

Catalyst Metals (CYL)

  • Retained at buy at Canaccord Genuity; Price Target: $7.85 from $6.95

Domino's Pizza Enterprises (DMP)

  • Downgraded to neutral from overweight at Jarden; Price Target: $37.00 from $39.00

Deep Yellow (DYL)

  • Retained at speculative buy at Bell Potter; Price Target: $1.600

Elders (ELD)

  • Retained at buy at Bell Potter; Price Target: $9.10

Goodman Group (GMG)

  • Retained at overweight at Morgan Stanley; Price Target: $37.50

Ioneer (INR)

  • Retained at speculative buy at Ord Minnett; Price Target: $0.200 from $0.300

Iperionx (IPX)

  • Retained at speculative buy at Canaccord Genuity; Price Target: $6.65

Judo Capital (JDO)

  • Retained at neutral at Citi; Price Target: $1.600 from $1.550

  • Downgraded to accumulate from buy at Morgans; Price Target: $1.750

Lotus Resources (LOT)

  • Retained at speculative buy at Bell Potter; Price Target: $0.350

Lynas Rare Earths (LYC)

  • Upgraded to accumulate from hold at Ord Minnett; Price Target: $8.70

MA Financial Group (MAF)

  • Downgraded to accumulate from buy at Morgans; Price Target: $8.23 from $8.11

National Storage Reit (NSR)

  • Retained at buy at UBS; Price Target: $2.57 from $2.49

News Corporation (NWS)

  • Retained at overweight at Morgan Stanley; Price Target: US$37.00

Nexgen Energy (NXG)

  • Retained at speculative buy at Bell Potter; Price Target: $16.90

Nextdc (NXT)

  • Retained at overweight at Morgan Stanley; Price Target: $20.10

Pointsbet (PBH)

  • Retained at hold at Bell Potter; Price Target: $1.200 from $1.100

Paladin Energy (PDN)

  • Retained at buy at Bell Potter; Price Target: $6.50

Robex Resources (RXR)

  • Retained at speculative buy at Canaccord Genuity; Price Target: $5.00

Washington H Soul Pattinson & Company (SOL)

  • Retained at hold at Morgans; Price Target: $43.15 from $37.50

West African Resources (WAF)

  • Retained at speculative buy at Argonaut Securities; Price Target: $5.60 from $5.90

  • Retained at buy at Canaccord Genuity; Price Target: $4.30 from $4.55

  • Retained at buy at Euroz Hartleys; Price Target: $4.00 from $4.10

  • Retained at outperform at Macquarie; Price Target: $2.80


Scans

Top Gainers

Code
Company
Last
% Chg
EV1Evolution Energy Minerals Ltd$0.015+87.50%
CDECodeifai Ltd$0.02+42.86%
ZEUZEUS Resources Ltd$0.012+33.33%
EVEDAEVE Health Group Ltd$0.03+30.44%
IPXIperionx Ltd$4.78+28.84%
View all top gainers

Top Fallers

Code
Company
Last
% Chg
AXIAxiom Properties Ltd$0.018-40.00%
PCKPainchek Ltd$0.042-23.64%
EPMEclipse Metals Ltd$0.015-21.05%
OLYOlympio Metals Ltd$0.031-20.51%
GCMGreen Critical Minerals Ltd$0.018-18.18%
View all top fallers

52 Week Highs

Code
Company
Last
% Chg
ZEUZEUS Resources Ltd$0.012+33.33%
MPWMetal Powder Works Ltd$1.20+17.65%
SHGSingular Health Group Ltd$0.37+17.46%
RXRROBEX Resources Inc$3.61+16.08%
BSXBlackstone Minerals Ltd$0.087+14.47%
View all 52 week highs

52 Week Lows

Code
Company
Last
% Chg
AXIAxiom Properties Ltd$0.018-40.00%
SRJSRJ Technologies Group Plc$0.012-14.29%
COSCosol Ltd$0.655-10.27%
DWGDataworks Group Ltd$0.10-9.09%
RDXREDOX Ltd$2.19-8.37%
View all 52 week lows

Near Highs

Code
Company
Last
% Chg
PCIPerpetual Credit Income Trust$1.175-0.42%
WVOLIshares MSCI World Ex Aust Minimum Volatility ETF$44.00-0.88%
AIIAlmonty Industries Inc$3.45-1.43%
GCIGryphon Capital Income Trust$2.03-0.49%
IHDIshares S&P/ASX DIV Opportunities Esg Screened ETF$14.91-0.13%
View all near highs

Relative Strength Index (RSI) Oversold

Code
Company
Last
% Chg
IPGIpd Group Ltd$3.00+0.67%
DMPDomino's PIZZA Enterprises Ltd$21.63-1.05%
BBOZBetashares Aus Equities Strong Bear Complex ETF$23.29+0.22%
AOFAustralian Unity Office Fund$0.480.00%
PPEPeoplein Ltd$0.595-2.46%
View all RSI oversold

ABOUT THE AUTHOR

Lead Writer and Presenter

Carl brings more than 30 years of investing experience and a track record of helping thousands of investors navigate every kind of market. A highly regarded commentator on global macro trends and their impact on Australian and US equities, he is also one of Australia's most recognised educators in technical analysis — having taught his distinctive price-action trend following methodology to two generations of investors.

05/06/2026