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Sydney, Aug 8, 2016 AEST (ABN Newswire) - Michael Gable Managing Director and founder of Fairmont Equities brings the latest stock tips for August 8, 2016. Featured stocks include Capilano Honey, Monadelphous Group, Downer EDI and Bellamy's Australia.
Capilano Honey (
ASX:CZZ)
- Well positioned to increase export sales of premium honey to Asia.
- Price action is diverging and is close to breaking higher.
Monadelphous Group (ASX:MND)
- Our trading tip has exceeded our expectations to return 30% in the last few weeks.
- The stock is hitting resistance levels here and we could start to now see some profit taking.
Downer EDI (ASX:DOW)
- Our recent trading tip has returned 20% but there is more upside.
- The inverse head and shoulders is now confirmed, upside still exists above $5.
Bellamy's Australia (ASX:BAL)
- The stock has broken the recent downtrend and pushed through resistance near $12.
- Volume is positive with a MACD buy signal. Expect new highs to be reached this year.
To view the video, please visit:
http://www.abnnewswire.net/press/en/84396/Fairmont
Michael Gable is an Authorised Representative (No. 376892) and Fairmont Equities Pty Ltd is a Corporate Authorised Representative (No. 444397) of Novus Capital Limited (AFS Licence No. 238168).
The information contained in this presentation is general information only and is copy write to Fairmont Equities. Fairmont Equities reserves all intellectual property rights. This presentation should not be interpreted as one that provides personal financial or investment advice. Any examples presented are for illustration purposes only. Past performance is not a reliable indicator of future performance.
No person, persons or organisation should invest monies or take action on the reliance of the material contained in this presentation, but instead should satisfy themselves independently (whether by expert advice or others) of the appropriateness of any such action. Fairmont Equities, it directors and/or officers accept no responsibility for the accuracy, completeness or timeliness of the information contained in the presentation.
- Charts courtesy of AmiBroker unless stated otherwise.
About Fairmont Equities
Fairmont Equities is a share advisory firm assisting Private Clients with the professional management of their share portfolio. We are based in the Sydney CBD but provide services to private clients across Australia. As a firm, we strive to provide our clients with the best possible service while targeting goals of capital protection and portfolio returns. At Fairmont Equities, we believe that the concepts of fundamental analysis and technical analysis of stocks are not mutually exclusive. Regardless of whether you are a trader or long term investor, combining both methods is crucial to success. As a result, the unique analysis of Fairmont Equities is featured regularly in the media.
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