ASX’s Leading Momentum Sector: Property Management | +28% Monthly Gain

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Reviewing the performance of the Top 6 Property Management companies on the ASX over the past month. These companies, which include Stockman Group SGP and Lendlease, have shown strong relative performance, outpacing the ASX 200 index and the broader market. This trend was attributed to the "Dogs of the Dow" theory, where laggards underperform into the end of the financial year, but strongly in the start of the new FY. Also noting despite Goodman Group's strong annual performance, did not make it to the Top 6 due to its relatively modest gains in the last month. Then analysing IMB’s Cup and Handle set up, finishing with a Inside Day 7 set up before breaking out to become this month’s leader.

Christopher Hall Twitter:

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Market Leaders make new highs on the ASX as their momentum carries the share prices higher. Understanding the leaders is the first start to identifying the next leaders. Surfacing top trading shares on the ASX by combining two leading scanning and filtering tools. William O'Neil's Relative Strength Index (RS Index) and Mark Minervini's Volatility Contraction Pattern (VCP) are two of the most highly regarded filtering methods to find the market's best trading shares. Applying these scans to the ASX to find a shortlist of trading shares to review.

ASX trading history shows that the strongest rallies have come from the Small-Cap miners, out-performing the larger caps that contribute to the theme help drive the market as the ASX200 reaches new highs. Investors Business Daily publish RS Index data for the US, although this data is harder to come by for the ASX. Finer Market Points looks at the best small-caps to understand their charting patterns, volume, timing, and gains to find Pocket Pivots, Volatility Contraction Patterns, Buyable Gap Ups, and High and Tight Flags along with RS Index and VCP scanning. These are used in conjunction with canslim (CAN SLIM) and Wyckoff's theory.

Companies Discussed:
I88, MOM, BVR, THB, TOE, MEU, DYL, PDN, SLX, Infini Resources Ltd, Moab Minerals Ltd, Bellavistaresources, Thunderbird Resource, Toro Energy Limited, Marmota Limited, Deep Yellow Limited, Paladin Energy Ltd, Silex Systems.

Shares In Play looks at to see what's behind the strongest gainers on the market's leading themes.

Mark Minervini's Volatility Contraction Pattern (VCP) tutorial here:

Lithium Breakout Stocks on the ASX:

High and Tight Flag tutorial using Small-Cap Miners as exampled is here:

Trading Pocket Pivots from Gil Morales and Chris Kacher's extension of William O'Neil and his CAN SLIM trading methods:

Finer Market Points connects leading market themes with the best-performing companies for better trading. Finer Market Points is presented by Christopher Hall with Shares In Play looking at the best performing growth shares and ASX small caps riding the tailwind of the industry themes leading the market higher. The Hot stocks to trade now range from ASX 200 blue chips to small tech stocks and mining stocks with the strongest performances.

Other reports linked to the markets are:

[Disclaimer: this is not taxation, financial or advice. Seek your own professional opinion on how these investments impact you and your personal circumstances. Presenters may have commercial interests in the investments discussed]

Top6 #FinerMarketPoints #VCP #Markminervini #SharesInPlay Wycoff theory