Current Open Alert
BXB – Brambles Limited
Current Price : 9.36
Previous Sell Entry (Trigger Level) : 10.00
New Remaining Buy Exit Zone (Stop loss) : 9.70
Previous Partial Buy Exit 50% Level (Target) : 9.69
Status : On Watch for continuation lower
BXB has continued lower heading to support at 9.00 where we expect to see a reaction. We have tightened up the remaining risk level down to 9.70 to lock in further gains. All we can do now is sit back and follow the action.
ORIGINAL ALERT 27/6/17
Stock : BXB – Brambles Limited
Current Price : 10.055
New Sell Entry (Trigger Level) : 10.00 limit down to 9.95
Potential Buy Exit Zone (Stop Loss) : 10.30
Status : On Watch for sell trigger
BXB is looking weak and set to continue its long term move lower. We can see the 10.23 support zone was recently broken and then retested. We see now confirmation of a lower high on a move down through 10.00 so are happy to sell. The lower limit for the entry is 9.95 as price can easily gap lower. If price pushes up prior to entry through 10.23 then we will re-assess the price action.