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Peaceful-Weekend-Investing
Aug 16, 2020 3:42 PM

(ASX:ALL) Staying above 200SMA for couple of weeks 

ARISTOCRAT LEISURE LIMITEDASX

Description

> Always enjoying going to my fav place and had an eye on this company for some time.

> Aristocrat Leisure Limited (ASX: ALL) designs, develops and distributes gaming content, platforms and systems, including electronic gaming machines, casino management systems and digital social games. The Company's land-based products are approved for use in more than 300 licensed jurisdictions and are available in over 90 countries. The Group also operates within the online social gaming and real money wager markets.

> Starting nibbling a bit from last couple of weeks.

> Consistent dividend-paying company that to increasing every year.

> due to COVID business is impacted but long term story remains intact as consumer behaviour will not change.

> An opportunity for me to add this in long term portfolio.

Trade active

Never once break the below price we started with...going strong ....
disc: invested , adding on dip as per my own approach
do you own research

Comment

stage 2 uptrend
now closed above key levels that i am track on Weekly closing basis
disc: Invested , do you own research

Comment

good bounce back with good volume and there was follow-through, indicating the trend is still intact. However, I will wait for a weak closing before making any further decisions.

Disclosure: I have invested in this, but I recommend doing your own research. This is not a recommendation to buy or sell.
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