ALGO Buy Signal For Charter Hall

Our ALGO engine triggered a buy signal on Charter Hall into the ASX close at $4.21.

This “higher low” chart pattern is referenced to the low of $4.06 posted on May 21st.

CLW is an Australian REIT, and a the current price is on a 6.5% dividend yield.

We see strong price support in the $4.00 area and initial resistance near $4.45.

Charter Hall