Algo Buy Signal – Graincorp

Our Algo Engine generated a buy signal in Graincorp on Friday, following  the price action forming a “higher low” pattern at $7.58

We suggest buying GNC with stop-loss below $7.55

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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