AGL Energy is now above the 10-day average following strong earnings results with both electricity and gas portfolio margins exceeding expectations.
FY24 guidance narrowed to the upper end with underlying EBITDA now $2,025m-2,175m (from $1,875m to $2,175m).
Monadelphous Group is up 2.3% after 5 days.
Weebit Nano is 3.8% after 5 days.
AGL Energy is a high-risk counter-trend trade. Watch for the price action to cross above the 10-day average.
Downer EDI continues to trade higher and the stop loss can be lifted to $4.11
IGO may have created a new pivot low at $6.75
Iluka Resources has a new higher low formation, the stop loss on a new trade entry will go at $6.79
PLTR:NYS shares were more than 30 per cent higher after the company reported big demand for its artificial intelligence technology and gave a higher-than-expected profit outlook for 2024.
Wedbush Securities called Palantir “an undiscovered gem and a core part of our thesis in the AI Revolution just now taking shape across the tech world”. Wedbush said it believes Palantir is on track to be included in the S&P 500.
FY 2023 Highlights
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