Leon Hinde | Investor Signals

JB Hi-Fi – Buy Signal

JBH:ASX is under Algo Engine buy conditions. We see price support within the $38 – $45 level.

Watch the short-term indicators for a turn higher.

WEB:ASX is under Algo Engine buy conditions and we now add this one to our watchlist.

The stock is outside our normal ASX 100 coverage but given the potential for travel recommencing, it’s worth a closer look.

VHT:ASX is under Algo Engine buy conditions after forming a series of higher low formations above the $1.25 support level.

Alibaba is finding buying support above the recent $220 low.

WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.

ASX:IZZ is under Algo Engine buy conditions. We expect buying interest to increase near the $60 support level.

Buy IZZ at market.

CIM:ASX is likely to see improved earnings in FY22 and we expect to soon see a recovery in the share price.

CIMIC is a high risk counter trend investment with the prospect of a multi-year recovery, once earnings hit an inflection point.

24/4 CIMIC breaks above the 10-day average after forming a new trend low mid-week at $16.86.

Amcor is under Algo Engine buy conditions.

Investors may consider selling out-of-the-money call options to enhance the income.