TCL – Buy
Transurban is under Algo Engine buy conditions and is a current holding in our ASX 100 model.
Fisher & Paykel – Buy
Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions and is now consolidating above the $30 support level.
Investors should consider a buy-write strategy to enhance the income return. For more detail please call our office on 1300 614 002.
ASX – Algo Buy
The chart below shows the range where we will be watching for the short-term momentum indicators to turn higher.
The price action now sits at 50% retracement of the March to November range. We expect to see buying interest begin to rebuild.
Sonic Healthcare – Buy
Sonic Healthcare is finding buying support and we’re likely to see an improvement in the short-term indicators as the stock price stabilizes near the $32.50 level.
Bega – Algo Buy
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Sonic Healthcare – Buy
Sonic Healthcare is finding buying support and we’re likely to see an improvement in the short-term indicators as the stock price stabilizes near the $32.50 level.
Ansell – Buy
Ansell is under Algo Engine buy conditions and we see support building within the $33 – $36 level.
APA – Buy
APA is under Algo Engine buy conditions and we see support building at the recent $10 higher low formation.
APA goes ex-div 23c on 30 December.
Bega – Algo Buy Signal
Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
Bega Cheese is up 9% after announcing buying Lion Dairy & Drinks for $534 million. BGA is now trading at $5.42 compared to the $4.60 issue as part of its $284 million capital raising.
Altium – Buy Signal
Altium is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.
The momentum indicators have now turned positive and initial support looks to be in place at $34.75.
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