Aristocrat – Algo Buy
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is under Algo Engine buy conditions.
Aristocrat Leisure is among the best-performing stocks in our ASX model portfolio. After being added in November last year, the stock is up 53.7%.
The recent pullback from $50 to $42 has generated another Algo Engine buy signal. We see buying support building above the recent $42 pivot low.
Aristocrat Leisure is under Algo Engine sell conditions and we see increasing selling pressure due to a weak earnings outlook.
Risks remain elevated coming into the next earnings release.
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