Trade Management

Current Open Alert

ASX – ASX Limited

Stock : ASX – ASX Limited

Current Price :  55.05

Previous Buy Entry (Trigger Level) : 53.31

New Sell Exit Zone (Stop Loss) : 52.70

New 50% Partial Exit Zone (target) : 55.90/56.00

Status : New buy entry watching for continuation higher

ASX is on the move higher and targeting the 56.00 area. Price is getting a little stretched up at current levels so we are happy to tighten up the risk level to 52.70 and have a 50% partial exit around 55.90/56.00. Price action looks great on both the weekly and daily charts so we will sit back and wait for it all to unfold.

ORIGINAL ALERT 10/8/17

Stock : ASX – ASX Limited

Current Price :  53.31

New Buy Entry (Trigger Level) : At current levels 53.31 up to 53.35

Sell Exit Zone (Stop Loss) : 51.75

Status : New buy entry watching for continuation higher

ASX looks strong and building for a strong leg higher. If we see the ASX200 pick up and push higher we would expect to see ASX trading volumes increase. We like the price action and are happy to buy at current levels. Risk is held below the minor higher low at 51.75.