S32 – South32 Limited

 

 

Stock : S32 – South32 Limited

Current Price : 2.95

Previous Buy Entry Level : 2.75

New Sell Exit Zone : 2.68

Status : On watch for continuation

 

S32 has continued higher today towards resistance so we are happy to lock in some gains. Now watching for a spike up to the 3.05 zone for a partial exit around 3.03. Also, happy to raise the risk level below the minor higher low. Watching how the action plays out from here.

 

ORIGINAL ENTRY ALERT 15/3/17

Stock : S32 – South32 Limited

Current Price : 2.73

New Buy Entry Trigger Level : 2.75

Potential Sell Exit Zone : 2.55

Status : On watch for buy entry trigger

S32 has rejected lower levels and is building a higher low for a move up. We are happy to buy as at 2.75 as price moves higher and buyers take control. If price heads lower prior to entry through 2.55, then we will re-assess the price structure.