1. From a technical perspective on the 4 hour chart a reversal pattern can be observed sitting at the neckline at the time of post.

2. With the new bond purchases being conducted by the RBA, ASX listed equities will likley see another push higher and increased volumes in trading are a positive effect for ASX Ltd via transaction fees.

3. Given that both the fundamental and the technical line up for me at this moment I am comfortable taking this trade.

2. its traded below average growth compared to its peers

3. Analysts have held a price target at $72 for well over 6 months - My target is below that.

ASX Ltd - Long

Mar 02 2021

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