Fortescue Metals Group has been in our model portfolio following the buy signal at $8.30 on 26 July 2019. More recently, we’ve seen another entry opportunity flagged by the Algo Engine at the $15.50 higher low formation.
FMG has rallied from the higher low and the short-term indicators continue to trend higher.
Computershare is under Algo Engine buy conditions following the signal on 21 Sept 2020 with an entry price of $11.95.
We now see CPU trading at $13.00 and draw your attention to the higher low, and the positive short-term indicator trends.
Buying momentum is building above the $12.80 support level. Apply a stop loss on a break below $12.50.
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and we see price support
Newcrest Mining remains under Algo Engine buy conditions and we see buying interest helping to build support above the $30 level.
We suggest investors accumulate NCM between $30 – $32.
Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
We see price support at the recent $2.15 higher low formation.
Newcrest Mining remains under Algo Engine buy conditions and we recommend investors accumulate between $30 – $32.
Fortescue Metals Group is under Algo Engine buy conditions. Buying support is likely to build at $15.50.
Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
We see price support at the recent $2.15 higher low formation.
Bega Cheese has continued to see buying interest above the $5.00 support level.
Pro Medicus is a current holding in our ASX high conviction model. Since adding the position on the 11 of Sept, the stock has rallied 18%.
OceanaGold is under Algo Engine buy conditions. We highlight the early evidence of buying interest rebuilding and the short-term indicators turning higher.
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