Sydney, Aug 15, 2016 AEST (ABN Newswire) - Michael Gable Managing Director and founder of Fairmont Equities brings the latest stock tips for August 15, 2016. Featured stocks include Mantra Group, REA Group, Blackmores Limited and Australia & New Zealand Banking Group.
Mantra Group Ltd (ASX:MTR)
- Finding good support here and buy signals now getting triggered.
- Consensus target at $4.
- The company will report this Friday.
REA Group Limited (ASX:REA)
- Full year results see the stock tumble as expected.
- Expect sideways action for at least a few months.
Blackmores Limited (ASX:BKL)
- Buy signal now received on the MACD.
- Short term resistance now breached. Expect the stock to move higher from here.
Australia and New Zealand Banking Group (ASX:ANZ)
- After underperforming earlier this year, ANZ now showing the most promise.
- Key resistance now breached. Expect ANZ to see further buying from here.
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REA Group Limited
Australia and New Zealand Banking Corporation