Stock Tips August 8: CZZ MND DOW BAL
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.
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Monadelphous Group Limited
Downer EDI Limited
Capilano Honey Limited
Bellamy's Australia Limited