Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Thanks for the commentary. Is it time to take profits on Aristocrat and CBA?
Regards
Ram
Hi Ram,
As we’ve said a few times recently MM remains bullish Commonwealth Bank (CBA) being happier buyers of $5 pullbacks as opposed to sellers of strength. As for Aristocrat (ALL) we clearly took profit too early, if we were long today we would be running a stop under $38 and letting the position run know if has broken out.
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