Price in a prime zone to start the march higher

Potential Buy Entry Alert PDL

Time Frame : Weekly

Sector : Diversified Financials/Asset Management

Key Stats : $3.28 Billion Market Cap, VWAP 9.999, ASX Ranking 113, 4 Week Av Turnover $8,042,707, PE 15.7, Div Yield 4.65%.

Company Overview : Pendal Group Limited (PDL, formerly BT Investment Management Limited) is an Australian company engaged in the provision of investment management services. The Company operates through two segments: investment management business in Australia (Pendal Australia) and outside of Australia (Pendal International).

 

PDL – Pendal Group Limited

PDL is in a prime zone on the long term charts for a move higher. Buyers still have some work to do to get the ball rolling and build higher lows but we do see a building opportunity. Watching now for a push up through 10.50 out of contraction and then the higher low.

 

Stock Code : PDL – Pendal Group Limited

Company Website : www.pendalgroup.com

Current Price : 9.76

Status : On watch for buy entry setup