James Hardie is a current holding in the ASX 100 model portfolio and is under Algo Engine buy conditions.
In the last Opportunities in Review webinar we identified a series of “GARP” or growth at a reasonable price investment opportunities and JHX was one of those.
The share price is now finding buying interest and we recommend buying JHX with a stop below the recent pivot low.
There is a price gap at $19.50 which may get filled.