A healthcare company on the move higher as buyers apply the pressure

New Buy Entry Alert CAJ

 

Time Frame : Weekly/Daily

Sector : Health Care Equipment and Services

Key Stats : $233.73 Million Market Cap, VWAP 0.295, ASX Ranking 514, PE Ratio NA, Dividend Yield 1.38%.

 

CAJ – Capitol Health Limited

CAJ is looking strong on the Daily and also longer term Weekly charts as buyers take control and gun for new highs. We are now watching for a buy entry trigger at 0.305 as price rises and will be happy to hold the stop loss level at 0.27. If price falls through 0.27 prior to entry then we will re-assess the alert

 

Stock Code : CAJ – Capitol Health Limited

Company Website : www.capitolhealth.com.au

Current Price : 0.30

New Buy Entry (Trigger Level) : 0.305

Potential Sell Exit Zone (Stop Loss) : 0.27

Status : On watch for buy entry trigger