CNEW ETF – Algo Buy
VanEck Vectors China New Economy is under Algo Engine buy conditions and is a current holding in our Global ETF model portfolio.
Woodside – Buy
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Amcor – Algo Buy
Northern Star – Buy
Northern Star Resources is under Algo Engine buy conditions and at sub $10 the stock is now looking oversold.
Rio – Buy Signal
Rio Tinto is under Algo Engine buy conditions and we anticipate buying to increase within the $105 – $110 price range.
Watch the short-term indicators for a turn higher.
Cleanaway – Buy
{ASX:CWY) is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Cleanaway has approached global giant Suez about potentially buying its Australian assets in a $2 billion-plus deal. If a transaction proceeds, the ACCC will conduct a public review to assess the impact on competition.
We see price support above the $2.20 level.
Woolworths – Buy
WOW:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolios.
Woolworths’ Chief Executive, Brad Banducci said the retailer remained committed to the $10bn spin-off and possible demerger of its liquor and hotels business, Endeavour Group.
The higher low at $38.30 will likely result in increased buying support and the demerger will remain an attractive bonus for shareholders.
Northern Star – Buy
Northern Star Resources is under Algo Engine buy conditions and at sub $10 the stock is now looking oversold.
Amcor – Algo Buy
Woodside – Buy
WPL:ASX is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
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