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Algo Buy Signal in Healthcare Names

Resmed formed a “higher low” at $8.94 and found buying interest within our “buy zone”, as advised on the blog.

Sonic Healthcare should find buying support at $21.55. Apply a stop loss below the $21.55. SHL – Ex-Div 8/9/2017 (Div 46c, Franking 20%)

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Ramsey Healthcare –  Strong reversal of yesterday’s low at $65.

CSL – Algo Engine buy signal at $125.00   CSL – Ex-Div 12/9/2017 (Div $0.91 Franking 0%)

Medibank – Now looks expensive. Take profit!

 

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