Tag: ASX:AMC

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Buy AMC at $14.70

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Buy AMC at $14.70

Amcor provides a defensive buy-write option play.

The company reports Q1 earnings on Friday where the market will be looking for confirmation on the 5 – 10% EPS growth outlook.

Amcor 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.

Amcor look for short-term momentum indicators to roll over and selling resistance to build within the range indicated below.

Amcor is a leading company within the global packaging space. Their business is directly impacted by slower global consumption and it’s understandable their share price has been hit with a 30% sell-off.

However, if you believe the sun will rise again and people will go out to play, Amcor is a market recovery opportunity that’s worth considering at these levels.

High Volatility – buy

Amcor is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Buy AMC at $15