ASX – Buy
ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is now likely to find buying support.

ASX is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

ASX is now under Algo Engine buy conditions and we highlight the expected buying support range of $77 – $82.

ASX is under Algo Engine buy conditions.
August cash equity volumes and average daily futures contract volumes were well down on the same time last year, -13% and -19% respectively.
FY21 earnings are likely to be flat at best and with the stock on a forward yield of 2.8%, we see it as “fully valued”. Owning the stock and selling an at the money covered call option is generating 8% cash flow.
We see value in buying ASX on any market weakness.
