Pavan Sharma

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17 August 2020 -

TELSTRA (TLS:AX / TLS:NZ) BUY: Yield Support

TLS sell off appears overdone and has created a good opportunity to Buy for all investors at $3.10. The chart shows that primary support @ $3.03 that was also our entry the last time is strong support and should hold on any further slide in the prices.  F

17 August 2020 -

SYDNEY AIRPORT (SYD:AX) BUY (High-Risk): Taking Up the Offer

SYD touched its recent peak at $7.07 in June and since then the stock has retracted back to as low as $5.13. Support at $5.00 is strong and should hold in a downward movement.

17 August 2020 -

SCALES CORP (SCL:NZ) BUY: Buy the Dip

The stock has retraced back from the peak of $5.35 to $4.90 but maintained strong support at $4.90 and now has gone up to $5.09 mark. We see that the new temporary support has shifted up to $5.00. The trading range is between $5.00 to $5.20. Once 5.20 is

17 August 2020 -

SPECIAL Chart : Plexure (PLX : NZX)

Plexure Group (PLX) is a Mobile engagement software company with 110 million end users on its platform in over 49 countries. Its clients include McDonalds, 7-Eleven, Ikea and loyalty New Zealand. PLX has seen stellar growth of 320% in less than 4 months s

17 August 2020 -

KATHMANDU (KMD:NZ / KMD:AX) HOLD: Positive Trends but Uncertain Outlook

KMD has declined from its recent highs of $1.29 in July to touch the level of $1.07 on 6th August. The low volume selloff has been pushed mainly by uncertainty around the retail sector. Technical analysis of KMD shows that the stock has key support at $1.

17 August 2020 -

FLETCHER BUILDING (FBU:NZ / FBU:AX) BUY (High Risk): Another Downgrade

The stock seems to be oversold at $3.30. We see good entry support at this level at $3.28. For traders the trading range remains between $3.30 to $3.55 in the short term.

17 August 2020 -

Earnings Results in Focus | Telstra Update, Plexure

Closer to home, NZ lockdown extension measures were announced that were largely “as expected”, and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

17 August 2020 -

Week Ahead, Results in Focus | Telstra Update, Plexure

Closer to home, NZ lockdown extension measures were announced that were largely “as expected”, and the NZX has opened higher this morning. With the ASX market reaction to Melbourne a good case study, our view is that the NZX is currently pricing in a shor

16 August 2020 -

Yield Support