Perth Broker Recommends ACX

While looking for BKL price charts on Twitter, and the web, I found a Perth, WA based fundamental and technical analysis advisory broker (Taylor Securities) who issued a research note to clients back on 18/10/17
recommending going long on ACX at around $4.66.

I wasn't aware of their existence till recently, but some of their other recent calls (GEM, IVC, SPL, GXY, BKL) have performed well. I am not yet a subscriber.

I currently subscribe to a Melbourne stock advisory service who cover the top 200 ASX stocks. The Melbourne firm (Stockradar) went long ACX today (Oct 30). $5.00 average is a somewhat lagging entry confirmation compared to the Perth firm, but at least there are two confirming buy signals by professional traders.

Their entry into ACX was based on a trendline breakout, also some proprietary moving average and slow stochastic technical analysis. Their ACX longer-term price targets are $5.50, $6.60 and $8.00.

https://www.finnewsnetwork.com.au/brokercommentry/equities/patrick-taylor

Current portfolio disclosure: (ACX_ALQ_ALU_ASL_A2M_BAL_BKL_BSL_BUB_CWY_EHE_EVN_ILU_LYC_SDF)