Collins Food
Collins Foods is under Algo Engine buy conditions and we add this one to our watchlist. The entry condition will be confirmed, with a turn higher in the momentum indicators.
Fisher & Paykel
Fisher & Paykel Healthcare Corporation is under Algo Engine buy conditions.
Resmed
ResMed is under Algo Engine buy conditions.
XJO & Market Direction
Sorry, but this content is restricted to our members.
Please login with your account or register for a free trial. If your trial has expired, then you may renew it here.
If you are having an issue with your account, then please get in touch with us.
Harvey Norman
Harvey Norman Holdings buy at the market price with a stop loss at $3.18
CSL – Valuation Review
The trading update was about resetting the market’s expectations for recovering gross margins.
If CSL trades at 25x FY25 expected earnings the fair value estimate shifts to $320. This is down from previous targets but still highlights the value in buying CSL on any pullback.
Star
The Queen’s Wharf Brisbane’s progressive opening is now expected in April 2024, a four-month delay from the previous opening date in December 2023.
The A$2.9bn development will replace Treasury Casino. From an ownership perspective, Star Ent. has 50% economic interest in Queen’s Wharf Brisbane and will also receive a management fee for operating the integrated resort.
SGR needs to trade through $1.17 to reverse the current negative momentum.
Harvey Norman
Harvey Norman Holdings buy at the market price with a stop loss at $3.18
Trade Table: ASX 200 Holdings
The ASX200 Trade Table is up 28.9% year-to-date.
Watch Last Night’s Webinar
In case you missed it, you can watch last night’s webinar here.
Level 17 Chifley Tower
2 Chifley Square
Sydney, NSW 2000
1300 614 002
Investor Signals Pty Ltd
ABN 44 143 555 453
Send our ASX Research to your Inbox
Or start a free thirty day trial for our full service, which includes our ASX Research.