Iluka
Iluka Resources has a new higher low formation, the stop loss on a new trade entry will go at $6.79

Iluka Resources has a new higher low formation, the stop loss on a new trade entry will go at $6.79

AMP is likley to deliver imroved earnings growth in FY24 & FY25.

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

In case you missed it, you can watch last night’s webinar here.