Star Entertainment – Switches to Buy Conditions

The Star Entertainment Group is now under Algo Engine buy conditions following a recent high low formation at $4.55.

We’re attracted to the longer-term fundamentals for Star but have been reluctant to hold the position whilst the stock was under sell conditions. The recent break higher in price and the shift to Algo buy conditions, means we’ve added Star back into our model portfolio.

You're not a member!  Trial today!

The February earnings result will be a key catalyst, where the market will be looking for earnings growth beyond just cost control.

 

 

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals