Australia: Tabcorp Holdings Limited (TAH:AX) Upgraded to Strong Buy

Australia: Tabcorp Holdings Limited (TAH:AX) Upgraded to Strong Buy

Australia: Tabcorp Holdings Limited (TAH:AX) Upgraded to Strong Buy Tabcorp has swung to a net profit of $28.7 million in 2017/18 following its merger with Tatts Group, with digital sales and the FIFA World Cup helping to lift the gaming giant’s reach and revenue. Tabcorp on Wednesday said full-year revenue for the 2017/18 financial jumped […]

Australia: S&P/ASX 200 (.AXJO) Watch for Earnings

Australia: S&P/ASX 200 (.AXJO) Watch for Earnings

Australia: S&P/ASX 200 (.AXJO) Watch for Earnings Australian shares have finished lower, with investor caution and a weak Wall Street lead robbing the local market of momentum on Monday. The benchmark S&P/ASX200 index was down 21.8 points, or 0.35 per cent, at 6,278.4 points at 1615 AEST on Monday, while the All Ordinaries was down […]

S&P/ASX 200 (.AXJO) Tracking the Technicals

S&P/ASX 200 (.AXJO) Tracking the Technicals

S&P/ASX 200 (.AXJO) Tracking the Technicals Overall, the bias in prices is: Upwards. Short term: Prices are moving. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 5,976.17. The projected upper bound is: 6,180.79. The projected lower bound is: 5,934.42. The projected closing price is: 6,057.60. Candlesticks A white […]

S&P/ASX 200 (.AXJO) Is it Time to Take Profits?

S&P/ASX 200 (.AXJO) Is it Time to Take Profits?

S&P/ASX 200 (.AXJO) Is it Time to Take Profits? Overall, the bias in prices is: Sideways. Short term: Prices are stalling. Intermediate term: Prices are ranging. By the way, prices are vulnerable to a correction towards 5,964.93. The projected upper bound is: 6,121.77. The projected lower bound is: 5,877.89. The projected closing price is: 5,999.83. […]