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Aristocrat Leisure (ALL) $34.65

Sydney based gaming machine business ALL has started to attract some bargain hunters over recent weeks even as many tech /growth names plumbed fresh 2022 lows. We believe the next 10% is up for ALL but that’s a brave or perhaps foolish call in today’s anti-growth environment – this morning will be another test following the NASDAQ’s -2.7% decline overnight.

ALL
MM is bullish ALL short-term targeting the $38-40 area
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Aristocrat Leisure (ALL)
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