WSA has struggled in 2021 but its quarterly released this month was good and the best one of FY21 which implies strong operational momentum, the $770m company is cheap in our opinion with solid risk / reward with stops below $2.20.
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Reporting season has taken a positive turn – James Gerrish breaks down some of this weeks action.
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM likes WSA with stops under $2.20
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