Origin Energy – Buy Signal
ORG:SX is under Algo Engine buy conditions and has now been added to our model portfolio.
The strong cash flows from APLNG will offset the lower expected earnings in energy markets.
ASX 200 Resources Fund
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.
Collins Foods – Buy Signal
Collins Foods is under Algo Engine buy conditions.
Buying support is likely to increase near the $12.25 price level.
Ansell – Trade
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.
Portfolio Protection
Ansell – Trade
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.
Little Green Pharma – Algo Buy Signal
Little Green Pharma is now under Algo Engine buy conditions.
Little Green Pharma is a pioneer and innovator in Australian-grown, manufactured and exported medicinal cannabis.
Aurizon – Value Play
Aurizon Holdings offers value and we expect buying support to build above the $3.35 support level.
Mineral Resources – Rallies 10%
Mineral Resources is under Algo Engine buy conditions and is in our ASX 100 model portfolio.
25/11 update: (ASX:MIN} has crossed the 10-day average and is now 10% above the entry-level.
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