Australia ASX 20 Stock trading strategy - Sunday, May 23, 2021

Australia Stock Market Trend Forecast (Reference only)

Gold : Buy-Hold, Target 2,603 (9.92%), Current 2.74%, Entry 2,368 on May 16, 2021, Holding days 7, (XAU/AUD, 1 oz Gold in Australian dollar)

ASX200 : Buy-Hold, Target 8,750 (40.9%), Current 13.21%, Entry 6,210 on Nov 8, 2020, Holding days 196, (S&P ASX 200 Index, ASX: AP Futures)

AMC : Buy-Hold, Target 25 (55.76%), Current -3.61%, Entry 16.05 on May 9, 2021, Holding days 14, (Amcor, ASX: AMC)

BHP : Buy-Hold, Target 74.3 (95.47%), Current 25.62%, Entry 38.01 on Dec 1, 2020, Holding days 173, (BHP, BHP Billiton, ASX: BHP)

CBA : Buy-Hold, Target 115 (64.29%), Current 40.07%, Entry 70 on Nov 6, 2020, Holding days 198, (Commonwealth Bank, ASX: CBA)

CSL : Buy, Target 375 (31.9%), Current 0%, Entry 284.3 on May 23, 2021, Holding days 0, (CSL, Commonwealth Serum Laboratories, ASX: CSL)

GMG : Buy-Hold, Target 25 (38.27%), Current 5.59%, Entry 18.08 on Apr 1, 2021, Holding days 52, (Goodman Group, ASX: GMG)

MQG : Buy-Hold, Target 190 (50.41%), Current 19.76%, Entry 126.32 on Nov 2, 2020, Holding days 202, (Macquarie Group, ASX: MQG)

RIO : Buy-Hold, Target 165 (61.92%), Current 19.84%, Entry 101.9 on Dec 1, 2020, Holding days 173, (Rio Tinto, ASX: RIO)

TCL : Buy-Hold, Target 18.25 (33.5%), Current 1.24%, Entry 13.67 on Apr 10, 2021, Holding days 43, (Transurban, ASX: TCL)

TLS : Buy-Hold, Target 4.75 (38.48%), Current 0%, Entry 3.43 on Apr 10, 2021, Holding days 43, (Telstra, ASX: TLS)

WES : Buy, Target 64.7 (19.35%), Current 0%, Entry 54.21 on May 23, 2021, Holding days 0, (Wesfarmers, ASX: WES)

WOW : Buy, Target 55 (32.59%), Current 0%, Entry 41.48 on May 23, 2021, Holding days 0, (Woolworths, ASX: WOW)

Note: Trading strategies are based on forecasts for the future, so they may be right or wrong. I hope you make a better strategy of your own by referring to the above and get a lot of profit from good trading.

Australia ASX 200 Stock trading strategy