API – Australian Pharmaceutical Industries Limited

Stock : API – Australian Pharmaceutical Industries Limited

Current Price : 2.14

Previous Buy Entry Level : 1.97

Sell Exit Zone : 2.00

Status : On watch for continuation into potential partial exit zone

API is well and truly on the move higher with great price structure on the weekly to support a smashing through the highs. We are now watching for the opportunity to lock in a partial exit around 2.20 as the price may be extended on the daily basis. All going to plan so we will sit and watch how this plays out.

 

ORIGINAL ALERT 8/3/17

Stock : API – Australian Pharmaceutical Industries Limited

Current Price : 1.945

New Buy Entry Trigger Level : 1.97

Potential Sell Exit Zone : 1.83

Status : On watch for buy entry Trigger

API is showing great signs for continuation up through 2.10 and into new highs. We can see that higher lows have built at 1.70 then 1.85 so we expect to see buyers stepping in and soaking up the selling. If price moves lower through 1.85 prior to the trigger level, then we will re-assess the price action.