BRICKWORKS LIMITED
Long
Updated

BKW - Bullish Flag + Ascending Triangle

171
BKW looks a high probabilty trade here with limited down side.

Technicals - Looking for trend continuation from throw back of the ascending triangle breakout + nice confluence with bull flag.

Fundamentals - High demand this part of the cycle for building products + management whom have an outstanding track record of raising dividends will likely navigate the inflation coming through advantageously for BKW shareholders.
Note
Record earnings announcement:
asx.com.au/asxpdf/20210609/pdf/44x77dzxtkph9f.pdf

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