Amcor
AMC:ASX is under Algo Engine buy conditions. There is value building within the $13 – $14.25 price range. We suggest waiting for a turn higher in the short-term price momentum.
Micron is up 134%
MU:NAS was added to our model portfolio in March 2023 at $56 and is now up 134%. We recommend watching for the next Algo Engine buy signal.
Micron reported 50% sequential data center revenue growth in Q3, driven by AI demand. The company is well-positioned to benefit from the CHIPS Act and plans to expand its manufacturing.
US Earnings
Thursday, July 11 – Delta Air Lines, PepsiCo, and Conagra Brands.
Friday, July 12 – Citigroup, JPMorgan Chase, Bank of New York Mellon, and Wells Fargo.
Global Value Equity ETF
{VVLU.ASX} has been added to our watchlist following the recent Algo Engine buy signal.
Qantas
QAN:ASX is a current holding in our ASX200 Trade Table. We expect the price momentum to remain bullish and suggest traders consider this opportunity with a stop loss at $5.82
Global Health ETF
Global Tech ETF
Raytheon
RTX:NYS is rated a buy with a stop loss at $93.00
GE Healthcare
GEHC:NAS is rated a buy with a stop loss at $74.51
Medical Devices ETF
IHI:ARC is rated a buy with a stop loss at $54.17
Level 29 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
Send our ASX Research to your Inbox
Or start a free thirty day trial for our full service, which includes our ASX Research.