Month: May 2021

Pointsbet – Algo Buy

Posted on May 28, 2021 | by Leon Hinde

Pointsbet Holdings is now under Algo Engine buy conditions and we see buying support building above the $11.50 support level.

Kina Securities – Algo Buy

Posted on May 28, 2021 | by Leon Hinde

Kina Securities is now under Algo Engine buy conditions and we see buying support building above the $0.95 support level.

Bega – Algo Buy

Posted on May 28, 2021 | by Leon Hinde

Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.

Accumulate within the $5.50 – $8.85 price range.

28/5 Bega is now finding buying support at $5.75.

ASX Signals for May 27, 2021

Posted on May 27, 2021 | by Algo Engine

Sorry, but this content is restricted to our members.

Please login with your account or register for a free trial. If your trial has expired, then you may renew it here.

If you are having an issue with your account, then please get in touch with us.

These are our Recent Model Changes

Posted on May 27, 2021 | by Algo Engine

For our Members, please find below the list of our latest Model Portfolio changes.

Bega – Algo Buy

Posted on May 27, 2021 | by Leon Hinde

Bega Cheese is under Algo Engine buy conditions and is a current holding in our ASX model portfolio.

Accumulate within the $5.50 – $8.85 price range.

27/5 Bega is now finding buying support at $5.80.

Pinduoduo – Earnings Release

Posted on May 27, 2021 | by Leon Hinde

PDD:NAS is now under Algo Engine buy conditions. The company is China’s largest agriculture and interactive commerce platform.

Pinduoduo has surpassed Alibaba as China’s largest e-commerce company with 788 million active users according to its latest quarterly earnings report.

We expect buying interest to build above the $125 support level.

Q121 earnings showed continued growth with revenue increasing 239% to 22.2 billion yuan ($3.4 billion) in the three months ended March, beating consensus analyst estimates.

The number of annual active buyers for the 12 months ended March increased to 823.8 million, making Pinduoduo the most widely used e-commerce platform in China.