##{"id":57078,"date":"2010-08-19T12:26:17","date_gmt":"2010-08-19T02:26:17","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2010\/08\/19\/monadelphous-poised-for-higher-levels\/"},"modified":"2010-08-19T12:26:17","modified_gmt":"2010-08-19T02:26:17","slug":"monadelphous-poised-for-higher-levels","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2010\/08\/19\/monadelphous-poised-for-higher-levels\/","title":{"rendered":"Monadelphous Poised For Higher Levels"},"content":{"rendered":"<p>\n\tBy Rudi Filapek-Vandyck<\/p>\n<p>\n\tIn addition to his positive view on CommBank ((CBA)) shares, see story published earlier today, the TechWizard reports he at present holds a positive bias towards Monadelphous ((MND)) shares.<\/p>\n<p>\n\tThe stock has performed well post the release of FY10 results, he notes. The TechWizard believes the shares are destined to test $15.15 and potentially the April high of $16.<\/p>\n<p>\n\tAs far as he is concerned, it&#039;s merely macro-concerns that will possibly prevent these targets from being reached.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/Monadelphous_Wizard.jpg\" style=\"width: 680px;height: 334px\" \/><\/p>\n<p>\n\tThe MACD indicator is bullish, signaling a buy the dips approach seems the most appropriate, he adds.<\/p>\n<p>\n\tThe TechWizard is the pseudonym of Scott Morrison, whose experience in financial markets exceeds twenty years. Morrison operates his own website nowadays at <a href=\"http:\/\/www.techwizard.com.au\">www.techwizard.com.au<\/a> All views expressed are the TechWizard&#039;s, not FNArena&#039;s (see our disclaimer).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TechWizard reports he holds a positive view onMonadelphous shares.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[37],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57078"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=57078"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/57078\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=57078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=57078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=57078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}