Aristocrat Leisure is among the best-performing stocks in our ASX model portfolio. After being added in November last year, the stock is up 53.7%.
The recent pullback from $50 to $42 has generated another Algo Engine buy signal. We see buying support building above the recent $42 pivot low.
Collins Foods is under Algo Engine buy conditions.
Buying support is likely to increase near the $12.25 price level.
3/12/21 update: CKF rallied 10% from the above entry to create a high at $14.25 on the last trading day of November. We’ve now seen a minor retracement and another entry opportunity is approaching.
Brambles is under Algo Engine buy conditions and has now been added into our ASX model portfolio.
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
ORG:SX is under Algo Engine buy conditions and has now been added to our model portfolio.
The strong cash flows from APLNG will offset the lower expected earnings in energy markets.
Ramsay Health Care is under Algo Engine buy conditions and is a current holding in our model portfolio.
ORG:SX is under Algo Engine buy conditions and has now been added to our model portfolio.
The strong cash flows from APLNG will offset the lower expected earnings in energy markets.
OZR:ASX is under Algo Engine buy conditions and we anticipate buying support to increase within the accumulation range of $10.50 to $12.50.
A sector sub-index of the S&P/ASX 200 Index, this index provides investors with exposure to the Resources sector of the Australian equity market as classified as members of the GICS® resources sector. Resources are defined as companies classified in the Energy sector (GICS® Tier 1), as well as companies classified in the Metals and Mining Industry (GICS® Tier 3).
1/12/21 Update: Since writing the above post, OZR has rallied from $12.24 to $12.65. We see further upside into the $13.50 to $14.00 price range.
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