IAG – Recovery Trade?

IAG:ASX is a potential counter-trend recovery trade that’s now on our radar. We add this to the list which also includes CIM & A2M.

6/5 Since writing the above post IAG has continued to move higher. Short-term investors may stick with the position as long as the price activity remains above the 10-day average.

Cure ETF – Buy

CURE:AXW is under Algo Engine buy conditions and the current pullback provides another buying opportunity.

ETFS S&P Biotech ETF (ASX Code: CURE) offers investors exposure to U.S. biotechnology companies. These companies are engaged in research, development, manufacturing and/or marketing of products based on genetic analysis and genetic engineering.

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