Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
“Hi James and Team, after reading your weekend report with a strong look on the Resources Super Cycle . Was wondering why BlueScope Steel (BSL) Wasn’t included? If it is on your radar what price target would you be looking at? Pullback buy price target? Wishing you and the Team a Merry Xmas and all the best for an exciting New Year.” – Cheers Craig B.
Morning Craig,
BlueScope Steel (BSL) wasn’t mentioned simply because we can’t discuss them all, BSL as a supplier of steel products and solutions fits nicely into our bullish reflation outlook. Short term the stock looks destined to break above this years $18.24 high but a pullback below $17 in Q1 of 2021 would not surprise from a technical perspective hence MM is looking to exhibit some patience with regard to increasing our sector exposure.
Take a free trial.
No payment details required.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
