Morning Bell 17 February

Jessica Amir
February 17, 2021

The ASX200 is eyeing a fall of 0.3% at the open.

The Therapeutic Goods Administration (TGA) approved AstraZeneca’s COVID-19 vaccine for use in Australia with it being produced in Melbourne by CSL (ASX:CSL).

Bitcoin has reached US$50,000 after skyrocketing from US$5,000 2-years ago.

Companies reporting:

  • Fortescue Metals (ASX:FMG), Rio Tinto (ASX:RIO), Mount Gibson Iron (ASX:MGX), Whitehaven Coal (ASX:WHC), Sonic Healthcare (ASX:SHL), Coles (ASX:COL) and Domino’s Pizza (ASX:DMP).

Local trading ideas:

  • UBS upgraded BHP (ASX:BHP) with a new $50 price target.
  • Empired (ASX:EPD), Evolution Mining (ASX:EVN) and Zip (ASX:Z1P) are giving off bullish charting signals according to Trading Central.