IAG – Recovery Trade?
IAG:ASX is a potential counter-trend recovery trade that’s now on our radar. We add this to the list which also includes CIM & A2M.
Match Group – Gains 897%
MATCH:NAS has been closed out for a 897% gain.
Woolworths – Valuation Review
Woolworths Group is under Algo Engine buy conditions.
Woolworths saw a 2.1% fall in sales in the March quarter and the company is forecasting a further fall in the June quarter.
We are looking to buy the dip in the share price, with support likely to build between $38 & $39.50
WPL – Buy
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Treasury Wines – Algo Buy
Treasury Wine Estates is now under Algo Engine buy conditions after a 50% sell off from the 2018 highs.
The company’s distribution and operating margin issues are well documented but we now start to ask, if this is the inflection point in company earnings?
Join us for Monday night’s webinar where we’ll take a closer look at the trends impacting the earnings outlook for TWE.
Starpharma – Review
SPL:ASX is under Algo Engine buy conditions after forming a higher low at $1.65.
We dive a little deeper into this name to investigate the earnings and product strength.
JB Hi-Fi – Buy Signal
JBH:ASX is under Algo Engine buy conditions. We see price support within the $38 – $45 level.
Watch the short-term indicators for a turn higher.
Webjet – Algo Buy
WEB:ASX is under Algo Engine buy conditions and we now add this one to our watchlist.
The stock is outside our normal ASX 100 coverage but given the potential for travel recommencing, it’s worth a closer look.
Fisher & Paykel – Gains 139%
Volpara Health – is it a buy?
VHT:ASX is under Algo Engine buy conditions after forming a series of higher low formations above the $1.25 support level.
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