SSM – Service Stream Limited

Stock : SSM – Service Stream Limited

Current Price : 1.27

Previous Buy Entry Trigger Level :  1.20

New Sell Exit Zone : 1.135

Status : On watch for continuation higher

SSM has punched through the highs at 1.275 with a high today at 1.30. We now expect to see the higher lows hold and continuation up for a chance to lock in some gains. We have tightened the risk up to 1.135 just below the minor higher low so its time to sit back and see how the action unfolds.

 

ORIGINAL ALERT 3/4/17

Stock : SSM – Service Stream Limited

Current Price : 1.165

New Buy Entry Trigger Level : 1.20

Potential Sell Exit Zone : 1.10

Status : On watch for buy entry trigger level

SSM is showing great signs for continuation higher after support holds around 1.05. Recently they have had some positive news flow ( https://www.servicestream.com.au/investors/asx-announcements ) which has supported the price. We are now watching for a push up through 1.20 after rejection in price around 1.12, for a move through resistance at 1.275. If price pushes below 1.10 prior to entry then we will re-assess the price action.