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.
Brambles
