APA – Buy
APA is under Algo Engine buy conditions and we see support building at the recent $10 higher low formation.
APA goes ex-div 23c on 30 December.
Bega – Algo Buy Signal
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Bega Cheese is up 9% after announcing buying Lion Dairy & Drinks for $534 million. BGA is now trading at $5.42 compared to the $4.60 issue as part of its $284 million capital raising.
Altium – Buy Signal
Altium is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
The momentum indicators have now turned positive and initial support looks to be in place at $34.75.
WOW – Income Generation
We feel Woolworths provides further upside potential and adding a covered call option will enhance the income return.
For more detail on the derivative strategy, please call our office on 1300 614 002.
WOW – Income Generation
We feel Woolworths provides further upside potential and adding a covered call option will enhance the income return.
For more detail on the derivative strategy, please call our office on 1300 614 002.
Coles – Buy
Coles Group looks to be creating another higher low formation at $17.80
As the valuation becomes slightly stretched, we suggest investors add a covered call option to enhance the income return.
For more detail, please contact our office on 1300 614 002
Altium – Buy Signal
Altium is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
The momentum indicators have now turned positive and initial support looks to be in place at $34.75.
APA – Buy
APA is under Algo Engine buy conditions and we see support building at the recent $10 higher low formation.
APA goes ex-div 23c on 30 December.
Bega – Algo Buy Signal
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Bega Cheese is up 9% after announcing buying Lion Dairy & Drinks for $534 million. BGA is now trading at $5.42 compared to the $4.60 issue as part of its $284 million capital raising.
ASX – Algo Buy
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
The price action now sits at 50% retracement of the March to November range. We expect to see buying interest begin to rebuild.
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