Action is not looking good for this company so time to look for a sell entry

New Sell Entry Alert SYD

 

SYD – Sydney Airport

SYD is still showing weakness as sellers keep the pressure on the buyers. We see the opportunity for another spike lower as buyers can not get a foot hold to build support. We are watching for a push through 6.47 for the entry and will hold the stop loss level at 6.68. If price pushes up through 6.68 prior to entry then we will re-assess the alert.

 

Stock Code : SYD – Sydney Airport

Company Website : www.sydneyairport.com.au

Current Price : 6.55

New Sell Entry (Trigger Level) : 6.47

Potential Buy Exit Zone (Stop Loss) : 6.68

Status : On watch for sell entry trigger