Coles – Algo Buy Signal
Coles Group is under Algo Engine buy conditions.
Investors should look to accumulate a position in Coles, within the highlighted price range.
Coles Group is under Algo Engine buy conditions.
Investors should look to accumulate a position in Coles, within the highlighted price range.
Coles Group is under Algo Engine buy conditions.
Investors should watch the short-term momentum indicators for a turn higher within the highlighted range.
Coles Group is under Algo Engine buy conditions.
Coles Group is under Algo Engine buy conditions.
Coles Group is under Algo Engine buy conditions.
Monitor Coles for a swing higher in the short-term momentum indicators within the $14.50 to $15.50 price range.
Coles Group is under Algo Engine buy conditions.
Monitor Coles for a swing higher in the short-term momentum indicators within the $14.50 to $15.50 price range.
Coles Group is under Algo Engine buy conditions.
Monitor Coles for a swing higher in the short-term momentum indicators within the price zone displayed below.
Coles Group is under Algo Engine buy conditions.
Coles delivered 1H21 EBIT growth of 7% or $1bn with a softer outlook and deceleration on the recent growth trends.
We remain buyers of Coles on share price weakness with support provided by the 3.6% yield.
Coles Group is under Algo Engine buy conditions.
Monitor Coles for a swing higher in the short-term momentum indicators within the price zone displayed below.
Coles Group looks to be creating another higher low formation at $17.80
As the valuation becomes slightly stretched, we suggest investors add a covered call option to enhance the income return.
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