Algo Signal – Buy Medibank

Our Algo Engine triggered a buy signal in MPL  going into yesterday’s close. We expect buying interest to remain supportive of near-term price action.

MPL goes ex-div 6.5 cents on the 6th September.

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Medibank Private

Author: Leon Hinde

Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.

PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:

· Deposit Products
· Securities
· Derivatives
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks