Cleanaway – Buy

Posted on | by Leon Hinde

{ASX:CWY) is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see price support at $2.30 and suggest watching the short-term indicators for a turn higher, near, or just above this support. 

Northern Star – Buy

Posted on | by Leon Hinde

Super Pit joint owners Northern Star and Saracen Mineral Holdings are set to combine, having agreed to a merger-of-equals worth $16 billion.

The proposed merger will create a new top 10 global gold major with a world-class portfolio and three large-scale production centres in Kalgoorlie and Yandal in Western Australia, as well as in North America.

Northern Star Resources Algo buy signal

{ASX:SAR) Algo buy signal

ASX – Algo Buy

Posted on | by Leon Hinde

The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.

The price action now sits at 50% retracement of the March to December range. We expect to see buying interest begin to rebuild.