Inghams Group is now under Algo Engine buy conditions following recent signals within the $3.10 to $3.30 price range.
The rally in the share price on Friday was the result of the company upgrading FY21 guidance to EBITDA 203-$213m (statutory $438-448m) and NPAT to be $96-103m.
We have ING trading on a forward yield of 5% and we expect to see mid-single-digit EPS growth over the next 2 – 3 years.
IAG:ASX is a potential counter-trend recovery trade that’s now on our radar.
6/5 Since writing the above post IAG has continued to move higher.
31/5 Short-term investors may stick with the position as long as the price activity remains above the 10-day average.
CURE:AXW is under Algo Engine buy conditions and the current pullback provides another buying opportunity.
ETFS S&P Biotech ETF (ASX Code: CURE) offers investors exposure to U.S. biotechnology companies. These companies are engaged in research, development, manufacturing and/or marketing of products based on genetic analysis and genetic engineering.
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Pointsbet Holdings is now under Algo Engine buy conditions and we see buying support building above the $11.50 support level.
Kina Securities is now under Algo Engine buy conditions and we see buying support building above the $0.95 support level.
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Accumulate within the $5.50 – $8.85 price range.
28/5 Bega is now finding buying support at $5.75.
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Accumulate within the $5.50 – $8.85 price range.
27/5 Bega is now finding buying support at $5.80.
We recommend investors add the IAA, (Asia top 50 ETF), and IZZ, (China Large-Cap ETF) to their portfolios.
We’re now looking at oversold levels on both of these ETF’s and value is beginning to emerge.
Breville Group is now under Algo Engine buy conditions and we see price support building at $25.00
Incitec Pivot is now under Algo Engine buy conditions.
The company reported 1H21 Sales of $1.72m with underlying EBITDA of $286m. The EBIT miss was primarily driven by Fertilizers and Dyno Americas, with Dyno APAC largely in-line.
Our Option Lab AI technology suggests looking at the following call.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
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