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James Hardie – Oversold

James Hardie is a current holding in the ASX 100 model portfolio and is under  Algo Engine buy conditions.

In the last Opportunities in Review webinar we identified a series of “GARP” or growth at a reasonable price investment opportunities and JHX was one of those.

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The share price is now finding buying interest and we recommend buying JHX with a stop below the recent pivot low.

There is a price gap at $19.50 which may get filled.

 

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