Mineral Resources – Accumulate
Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio. Our accumulation range for MIN is $37 – $47.
Woolworths – Accumulate
Woolworths Group is under Algo Engine buy conditions.
WOW’s 1H22 result was in line with expectations, EBIT of $1,4bn, and management expects improved financial performance in 2H22 as the environment normalises.
Call 1300 614 002 to discuss our derivative overlay strategy.
Wesfarmers – Algo Buy
Sonic Healthcare- Support Range
Sonic Healthcare is under Algo Engine buy conditions. The underlying earnings remain strong and we expect buying support to build within the indicated range.
Aristocrat Leisure – Algo Buy
Aristocrat Leisure is under Algo Engine buy conditions.
ASX – Finding Buying Support
ASX is under Algo Engine buy conditions.
Aristocrat Leisure – Algo Buy
Aristocrat Leisure is under Algo Engine buy conditions.
Xero – Accumulate
Xero is under Algo Engine buy conditions. Buying support is likely to build within the $86 to $96 price range.
1/3 Update:
Citigroup – Russian Exposure
Citigroup’s total exposure to Russia amounts to nearly $10 billion. Citigroup warned generally of a potential hit to its business from escalated tensions between the West and Russia following its invasion of Ukraine.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453