ACX is on its merry way higher so tightening risk and watching the action

Current Active Alert Trade Management ACX

 

ACX – Aconex Limited

ACX has kicked higher since the entry and looks ready to continue the momentum up. The software application company has nice price action as buyers step in and start the run up. We are now watching for continuation to and through 6.00 so will sit back and watch the action. Happy now to tighten up the risk to 5.01.

 

Stock Code : ACX – Aconex Limited

Company Website : www.aconex.com

Current Price : 5.29

Previous Buy Entry (Trigger Level) : 5.24

New Sell Exit Zone (Stop Loss) : 5.01

Status : On watch for continuation higher

 

 

ORIGINAL ALERT 22/11/17

ACX – Aconex Limited

ACX is on the move as buyers soak up the recent selling pressure and fight back. We see the software and application technology company for the construction industry having some great prospects after recently being sold down from highs. We are happy to buy at 5.24 but if price goes lower through 4.62 prior to entry, we will re-assess the alert.

 

Stock Code : ACX – Aconex Limited

Company Website : www.aconex.com

Current Price : 5.16

New Buy Entry (Trigger Level) : 5.24

Potential Sell Exit Zone (Stop Loss) : 4.62

Status : On watch for buy entry trigger