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The XJO is displaying increased buying interest with support at 7190 and 7330.
The short-term momentum indicators have turned higher.
Insurance Australia Group is under Algo Engine buy conditions and has been added into our ASX model portfolio.
BHP Group is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
For our Members, please find below the list of our latest Model Portfolio changes.
iShares S&P/ASX 20 is now under Algo Engine buy conditions and has been added to our iShares ETF model portfolio.
Amcor is now on our radar following the price correction from $18 down to $16.
We expect to see a switch to Algo Engine buy conditions in the near term and an increase in buying interest.
iShares S&P/ASX Dividend Opportunities is now under Algo Engine buy conditions and has been added to our ETF model portfolio.
The fund aims to provide investors with the performance of the S&P/ASX Dividend Opportunities Accumulation Index, before fees and expenses. The index is designed to measure the performance of 50 ASX listed stocks that offer high dividend yields while meeting diversification, stability and tradability requirements.
Coles Group is under Algo Engine buy conditions.
Investors should look to accumulate a position in Coles, within the highlighted price range.
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