A Healthcare company in a prime position for a run higher as buyers take control

New Buy Entry Alert BKL

Time Frame : Daily/Weekly

Key Stats : $2.15 Billion Market Cap, Div Yield 2.32% and PE Ratio of 33.3, VWAP 127.386.

 

BKL – Blackmores Limited

BKL is in a prime position for a run higher as buyers start to jump in to the action and lift price and build a weekly higher low. We are now happy to buy on a push up through 133.00 and hold the stop loss at 123.00. If price falls below 123.00 prior to entry, we will re-assess the alert.

 

Stock Code : BKL – Blackmores Limited

Company Website : www.blackmores.com.au

Current Price : 127.06

New Buy Entry (Trigger Level) : 133.00

Potential Sell Exit Zone (Stop Loss) : 123.00

Status : On watch for buy entry trigger