Between the Bells
Between the Bells
Bell Direct
Morning Bell 22 April
5 minutes Posted Apr 21, 2021 at 11:00 pm.
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The Aussie share market is set to lift at the open, with the futures suggesting a 0.5% gain. US stocks advanced after two days of declines. 

 

What to Watch: 

  • The iron ore price fell 1.3% overnight, retreating slightly from its 9.5 year high. Iron ore stocks in uptrend breakouts include Magnetite Mines (ASX:MGT), and Champion Iron (ASX:CIA). 
  • The gold price rebounded 1%. Gold stocks in uptrend breakouts include Newcrest Mining (ASX:NCM), St Barbara (ASX:SBM), Evolution Mining (ASX:EVN), OceanaGold (ASX:OGC). Also watch Westgold (ASX:WGX) and Silver Lake (ASX:SLR). 
  • The most traded stocks across Bell Direct yesterday: Province Resources (ASX:PRL), Rumble Resources (ASX:RTR) and Alterity Therapeutics (ASX:ATH)

 

Trading Ideas: 

  • Cluey (ASX:CLU) was restamped as a Bell Potter Buy with a $1.80 price target. 
  • Bega Cheese Ltd (ASX:BGA) was upgraded as a Buy by Bell Potter with an increased $7.35 price target 
  • Brightstar Resources (ASX:BTR), Valmec (ASX:VMX) and Advanced Breaking Technology (ASX:ABV) are all giving off bullish charting signals according to Trading Central.