Xero is under Algo Engine buy conditions and is a current holding in our ASX 100 model.
XRO has announced the proposed acquisition of EU Workforce management platform, Planday. The transaction provides a meaningful step for XRO in accounting expansion in Scandinavia and Continental Europe.
Qube Holdings is under Algo Engine buy conditions and we see price support at $2.50 – $2.70.
December container volumes continue to improve, up 7.2% on the same time last year and January volumes up 15%.
Buy QUB on a pullback to $2.75.
DOW:ASX is now under Algo Engine buy conditions.
VanEck Vectors China New Economy is under Algo Engine buy conditions and is a current holding in our Global ETF model portfolio.
AWC:ASX is now under Algo Engine buy conditions and the short-term indicators are trending higher.
ASX is under Algo Engine buy conditions and is now likely to find buying support.
The Trade Table tab in our member area shows the stocks from within an index, (for example ASX 50), which display the three factors for our short-term trade ideas.
In the case of the ASX, it’s under Algo Engine buy or long conditions as the primary signal. Second, to this, the intermediate signal is positive, or the arrow pivot point is pointing up. The third factor is checking to see if the current price is building momentum or trading above the 10-day average.
Confirmation of the 3 factors aligning is displayed in the Trade Table screenshot below.
SHL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
FY22 revenue is likely to be around $7.6bn on EBITDA of $1.7bn. EPS will be 30 – 40% up on FY20, which will support a forward yield of 3.5%.
Northern Star Resources is under Algo Engine buy conditions and at sub $10 the stock is now looking oversold.
{ASX:CWY) is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
We see price support building near the $2.20 level.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
Or start a free thirty day trial for our full service, which includes our ASX Research.
