XJO – Review

The XJO is under Algo Engine buy conditions and we’ve shuffled the support up to 6498. A break below this may suggest that the defensive basket of BBUS, BBOZ & SNAS should be under consideration.

Sonic Healthcare – Buy

Sonic Healthcare is looking oversold and we believe buying support will build within the $31 – $34 price range.

SHL has a large percentage of its diagnostic equipment revenue based in US Dollars. As such, the company will benefit from the lower Aussie Dollar.