A company sold down last year may be starting to make a come back

Potential Buy Entry Alert to Watch BAL

Time Frame : Weekly

Sector : Food Beverage and Tobacco

Key Stats : $2.01 Billion Market Cap, VWAP 3.246, ASX Ranking 161, 4 Week Av Turnover $5,668,311, Current Turnover (Intraday as at time of alert) $1,953,113.

Company Overview : Vocus Group Limited (VOC, formerly Vocus Communications Limited) is a telecommunications provider of Internet, Fibre, Data Centres and Unified Communications across Australia and New Zealand. It has three operating segments; Enterprise & Wholesale Australia, Consumer Australia, and New Zealand.

Broker Consensus : HOLD/SELL

BAL – Bellamy’s Australia Limited

The way the markets are currently, finding high probability trades is difficult but BAL may be one to keep an eye on. Price was savaged last year from around 23.00 down to 7.00 but we are now seeing signs that selling pressure is letting up. If this is the case then its a matter of time when bargain hunters enter to build a higher low and start the run up.

Stock Code : BAL – Bellamy’s Australia Limited

Company Website : www.bellamysaustralia.com.au

Current Price : 7.84

Status : On watch for potential higher low and buy opportunity