Amcor – Price Support
Amcor has guided towards 10 – 14% EPS growth which is attractive for a relatively defensive business.
We expect buying interest to build above the recent $15.00 support level.
Amcor – Price Support
Amcor has guided towards 10 – 14% EPS growth which is attractive for a relatively defensive business.
We expect buying interest to build above the recent $15.00 support level.
Oz Minerals – Buy Signal
OZ Minerals is under Algo Engine buy conditions and is a current holding in ASX 100 model portfolio.
IPL – Buy Signal
IPL:ASX is now under Algo Engine buy conditions and has been added to the ASX 100 model portfolio.
We expect to see a pick up in the second half earnings for IPL, which will help support the share price.
ASX200 BEAR ETF
BetaShares Australian Equities Bear Hedge
The inverse ETF’s over the ASX200 are performing well. BEAR (single inverse ETF) and BBOZ (double inverse ETF) are both trading higher as the ASX200 XJO index retreats from the recent highs.
These instruments act as a hedge against existing long equity holdings or as an outright trading position in portfolios.
Chart – BEAR ETF
Westpac – Sell
Westpac Banking is under Algo Engine sell conditions and we expect selling pressure to build with overhead resistance at $26.90
NAB – Sell
National Australia Bank is under Algo Engine sell conditions and we expect selling pressure to build with overhead resistance at $27.50
Westpac – Sell
Westpac Banking is under Algo Engine sell conditions and we expect selling pressure to build with overhead resistance at $26.90
NAB – Sell
National Australia Bank is under Algo Engine sell conditions and we expect selling pressure to build with overhead resistance at $27.50
Cleanaway – Buy
Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
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