ASX 200 Resources Fund

Posted on | by Leon Hinde

OZR:ASX is under Algo Engine buy conditions and we anticipate buying support to increase within the accumulation range of $10.50 to $12.50.

A sector sub-index of the S&P/ASX 200 Index, this index provides investors with exposure to the Resources sector of the Australian equity market as classified as members of the GICS® resources sector. Resources are defined as companies classified in the Energy sector (GICS® Tier 1), as well as companies classified in the Metals and Mining Industry (GICS® Tier 3).

1/12/21 Update: Since writing the above post, OZR has rallied from $12.24 to $12.65. We see further upside into the $13.50 to $14.00 price range.

Ansell – Trade

Posted on | by Leon Hinde

The Ansell trade from Monday night’s webinar is starting to build momentum. We entered the trade as a counter-trend position as the price action crossed above the 10-day average.

29/11/21 update: ANN remains above the 10-day average.