Beach Energy
Beach Energy is likely to benefit from the stronger oil price.
Iluka
Iluka Resources has a new higher low formation, the stop loss on a new trade entry will go at $6.79
AMP
AMP is likley to deliver imroved earnings growth in FY24 & FY25.
AGL
AGL Energy is now above the 10-day average following strong earnings results with both electricity and gas portfolio margins exceeding expectations.
FY24 guidance narrowed to the upper end with underlying EBITDA now $2,025m-2,175m (from $1,875m to $2,175m).
ASX200 Trade Table: Monodelphous Group
Monadelphous Group is up 2.3% after 5 days.
ASX200 Trade Table: Weebit
Weebit Nano is 3.8% after 5 days.
AGL Energy
AGL Energy is a high-risk counter-trend trade. Watch for the price action to cross above the 10-day average.
Downer EDI
Downer EDI continues to trade higher and the stop loss can be lifted to $4.11
IGO
IGO may have created a new pivot low at $6.75
Iluka
Iluka Resources has a new higher low formation, the stop loss on a new trade entry will go at $6.79
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