Alpha Portfolio Recommendation: SELL price target hit Judo Bank (JDO)
Judo Capital Holdings Limited (Judo Bank) reported a strong first half of the fiscal year 2024, with a notable profit before tax increase of 24% compared to the previous period.
Banking Sector
Alpha Portfolio Recommendation: TRIM (Take Profit) – Judo Capital Holdings (JDO)
A quick 10% rally in just 6 session may see JDO run out of steam around $1
There are no imminent company announcements to trigger a catalyst for a significant jump from here.
We think it is prudent to bank a 10-15% profit on half and either re-enter under 90c or continue running the 10% trailing stop
Alpha Portfolio Recommendation: Buy – Judo Capital Holdings (JDO)
A bounce in the Lithium spot price after a dramatic year long fall should see Liontown bounce back towards it $3 takeover bid price
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