ASX Markets | Investor Signals

Treasury Wines – Algo Buy

Posted on March 30, 2022 | by Leon Hinde

Treasury Wine Estates remains under Algo Engin buy conditions.

Treasury has significant earnings growth opportunities driven by the re-opening of higher-margin channels which were disrupted due to Covid.

NAB $2.5bn buy-back

Posted on March 30, 2022 | by Leon Hinde

National Australia Bank is under Algo Engine buy conditions and remains in our ASX model portfolio. The share price is up 22.7% since being added on 22 Sep 2021.

Having completed its A$2.5 bn on-market share buy-back only yesterday, NAB has today announced that it intends to buy back up to an additional A$2.5 bn of shares on-market.

S&P500 Chart Review

Posted on March 26, 2022 | by Leon Hinde

The S&P500 continues to trade higher following the recent Algo Engine buy signals. Short-term, the momentum indicators remain positive and the price action is above the 10-day average.