ALGO Buy Signal For Brambles

Our ALGO engine triggered a buy signal for BXB into yesterday’s ASX close at $10.39.

This “higher low”pattern is referenced to the intraday low of $9.55 posted on August 8th.

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As illustrated in the chart below, BXB has filled the price gap dating back to mid-August, which will provide good support down the the $10.00 area.

We have an estimated upside price target near $12.75 over the medium-term.




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