ATM Stock Research CSL Limited – Technical Analysis Summary- CSL is a global biotechnology company that was listed on ASX at $2.30 per share back in June 1994. ATM stock research initially recommended the stock at $91.87 in 2016. The stock was at its peak on 20th February this year at $342.28. The Covid 19 Sell-off reversed the stock to $242.64 levels in March....
ATM Stock Research Kiwi Property Group KPG – Technical Analysis Summary- KPG fell from its peak of $1.59 in January to the lows of $0.74 in March as the market wide sell out took place across the globe. Since then the stock has retraced by almost $0.30 cents. ATM Stock Research gave a BUY recommendation on KPG in its Top 10 Stocks Special recovery report at $0.90...
ATM Stock Research FBU Tech analysis Summary – Around 23rd of May as the emotional selloff was at its peak FBU stocks were sold off heavily and touched the lows of $3.05. The aftermath recovery was short-lived, the stock retraced back from the highs of $4.24 to now @ $3.17. As the gradual ramp up in construction activity unfolds during level 2 and will speed up...
ZEL Tech analysis Summary – As we now move into more favorable Level 2 of Covid 19 restrictions the demand for fuel should start to rise up still in the midst of lower Global Oil Prices. The stock seems to be oversold given the temporary impacts of the level 4 restrictions and slum in oil prices. In August 2019 the stock was at $6.81 and since it has been in the...
SYD Tech analysis Summary – Sydney Airport is ATM’s long-term defensive stock with a huge growth Potential in the longer run. Around mid-March SYD stock pulled back to $4.37 from its all-time highs of $9.30 as Covid 19 news triggered a massive pull back around the global markets. From there as the short-lived recovery started the stock retraced back to $6.31 to...
CGC Technical Summary – CGC took a heavy beating in 2019 due to unfavourable market and weather conditions. Given the challenges the Stock is being viewed as a higher risk exposure at the same time deemed as an essential service. The stock went from the heights of $8.70 in later part of 2018 to $2.31 in December 2019. Since then the stock has entered in a visible...
Around mid-March TLS pulled back to $2.80 mark at the back drop off Covid 19 Emotional Selloff. From the peak of $3.94 in February to the lows of $2.80 in March created a huge opportunity equally for the dividend income seekers and capital growth chasers. Current technical analysis shows the stock should find strong support @ $2.97. We feel $2.99 is a good entry...
ATM strategy moves TLS to a long Term Buy. Chart Depicts Support @2.97 mark. From here as the trend changes the stock will test first resistance at $3.20 mark. Once this is broken the next resistance is at $3.40 mark in medium term.