Macquarie Group – Buy Signal

Posted on | by Leon Hinde

Macquarie Group is now under Algo Engine buy conditions following the recent price retracement from $162 down to $148.

Macquarie Group recently announced a net profit after tax attributable to ordinary shareholders of $3.01bn for the year ended 31 March 2021 (FY21), up 10 percent on the year ended 31 March 2020 (FY20).

Cure ETF – Buy

Posted on | by Leon Hinde

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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Zip – Acquisitions

Posted on | by Leon Hinde

Zip Co is under Algo Engine buy conditions.

Zip Co will take full control of the UAE’s Spotii Holdings and Europe’s Twisto Payments for $160 million. Zip already has minority stakes in both businesses.

The transactions will help expand ZIP/’s global footprint.

Cure ETF – Buy

Posted on | by Leon Hinde

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

17/5 CURE is now experiencing an increase in buying interest and the stochastic short-term momentum indicator has turned higher.

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.

21/5 Buy CURE

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