APA – Buy
APA is under Algo Engine buy conditions and we see support building at the recent $10.50 higher low formation.
APA goes ex-div 23c on 30 December.
Ramsay Healthcare – Buy
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
Valuation support within the $61 – $65 range.
XJO – Review
The XJO is under Algo Engine buy conditions and we’ve shuffled the support up to 6498. A break below this may suggest that the defensive basket of BBUS, BBOZ & SNAS should be under consideration.
Ramsay Healthcare – Buy
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
Valuation support within the $61 – $65 range.
Cleanaway – Support Level Review
Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
We see price support at $2.30 with an attractive, defensive yield.
APA – Buy
APA is under Algo Engine buy conditions and we see support building at the recent $10.50 higher low formation.
APA goes ex-div 23c on 30 December.
Sonic Healthcare – Buy
Sonic Healthcare is looking oversold and we believe buying support will build within the $31 – $34 price range.
SHL has a large percentage of its diagnostic equipment revenue based in US Dollars. As such, the company will benefit from the lower Aussie Dollar.
Ramsay Healthcare – Buy
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
Valuation support within the $61 – $65 range.
APA – Buy
APA is under Algo Engine buy conditions and we see support building at the recent $10.50 higher low formation.
APA goes ex-div 23c on 30 December.
Global Infrastructure ETF
Vanguard Global Infrastructure Index is in our “high conviction” portfolio and has now rallied from the $52 support level.
We see continued upside for the fund, which offers investors diversified exposure to infrastructure sectors, including transportation, energy and telecommunications.
Since writing the above post, Vanguard Global Infrastructure Index has rallied 10%.
Further upside is likely over the next 12 months and we see scope for another 10 to 20% increase from the current level.
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