Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hi MM team, Just your opinion on CSL,If it doesn't hold at the $242 price level where in probability do you see the next level to hold/possible buy price??Also which do you prefer CSL OR SHL?? Also your view on NXT after it's double top on weekly chart. Would like you guy's to supply more technical analysis in regards to your views on stocks ,would be appreciated, Thanks. Tim.
Hi Tim,
Please see our technical thoughts on all 3 below:
CSL Ltd (CSL) $256.37 – is clearly holding $240 support but in todays environment a panic style drop towards $200 cannot be discounted hence we are not averaging our holding in this quality business until further notice.
Sonic Healthcare (SHL) $37.69 – we like risk / reward with SHL after its 21% correction, we like the approach of accumulating into weakness under $38.
(NXT) $10.28 – we like this data centre business after its recent 30% correction, again we would describe it as an accumulate in todays new bond yield environment i.e. interest rate hikes are on the agenda.
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.
