Cochlear- Algo Buy
Cochlear is under Algo Engine buy conditions.
Woolworths – 1H22 Earnings
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.
Nickel Mines – Algo Buy Signal
Bega – Buy
Bega Cheese 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.
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.
Wesfarmers – 1H FY22 Earnings
Woolworths – Accumulate
Woolworths Group is under Algo Engine buy conditions. The retailer anticipates $215mil in COVID-related expenses and before tax profit to fall from $1.3bn to $1.2bn.
We see value in the stock within the highlighted price range.
Gold Road – Update
Gold Road Resources remains our preferred gold exposure.
8/2/22 Update: Algo investors are likely already set in GOR. Traders will now be recognizing the first test, first fail, (FTFF), and will be setting their entry and stop loss.
14/2 update:
18/2 update:
Treasury Wine: 1H22 Financials
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