ETF Watch – Algo Buy Signal on Banks

Our Algo Engine triggered a buy signal in MVB, (Vaneck Vectors Australian Bank ETF), on 4th December at $27.14.

With the current momentum across equity markets, we consider the signal an opportunity to gain broad based exposure to the banking sector, with a  stop loss below $26.50.

You're not a member!  Trial today



Leave a Reply

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2024 Investor Signals

Send our ASX Research to your Inbox

Or start a free thirty day trial for our full service, which includes our ASX Research.