Wesfarmers – Buy
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
Brambles – Buy
Brambles is now approaching the $10 support level and we suggest accumulating the stock within the $10 – $10.50 price range.
Coles – Buy
Coles Group looks like it will retest the recent $16.60 higher low formation.
We see value within the broad price range of $16 to $17 and suggest investors accumulate a position.
NAB – Sell
National Australia Bank is under Algo Engine sell conditions and we expect selling pressure to build at the $19.50 resistance level.
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ASX – Update
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
Wesfarmers
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
Cleanaway – Update
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
FMG – Update
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
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