This is our weekly ASX MoMo (momentum) report. We have analysed the ASX 200 through our stock screeners to give you the top stock recommendations with positive and negative momentum to help you get an edge in your trading. We also look at whether the ASX may be primed for a reversal based on its market internal indicators.
In this report we look at:
- Our top stock pick this week is Whitehaven Coal Ltd (AX:WHC), which managed its highest close since December last week.
- Short positions have been building in Pacific Brands Ltd (AX:PBG) and Orora Fpo (AX:ORA).
- A run-down of the market internals for the ASX.
- And the stocks that have seen unusually high volume moving through them, often precipitating major moves.
To read the entire report Please click on the Pdf File Below.