BPT continues the strong move higher so locking in further gains on remaining position

Current Active Alert Management BPT

 

BPT – Beach Energy Limited

BPT is powering its way higher as buyers test the selling pressure and extend price action. We are happy to raise the remaining stop loss level to 1.38 to lock it some further gains and tighten up while still leaving the alert open to higher prices.

 

Stock Code : BPT – Beach Energy Limited

Company Website : www.beachenergy.com.au

Current Price : 1.515

Previous Buy Entry (Trigger Level) : 1.32

New Remaining Sell Exit Zone (Stop Loss) : 1.38

Previous 50% Partial Exit (Target) : 1.40

Status : On watch for continuation higher

 

 

Previous Alert 13/4/18

BPT – Beach Energy Limited

BPT is continuing higher but buyers have stretched prices into a minor resistance level where we expect to see a reaction lower and a bit of heat to come out of the action. We are now happy to lock in a partial exit at current levels 0f 1.40 and also raise the remainig stop loss level to 1.25.

 

Stock Code : BPT – Beach Energy Limited

Company Website : www.beachenergy.com.au

Current Price : 1.40

Previous Buy Entry (Trigger Level) : 1.32

New Remaining Sell Exit Zone (Stop Loss) : 1.25

New 50% Partial Exit (Target) : 1.40

Status : On watch for continuation

 

 

 

Original Alert 9/4/18

BPT – Beach Energy Limited

BPT is finding some buying as price holds higher lows. We are now happy to buy on a push up through 1.32 for a move through 1.45. If price goes down below 1.17 prior to the entry triggering, we will re-assess the alert.

 

Stock Code : BPT – Beach Energy Limited

Company Website : www.beachenergy.com.au

Current Price : 1.29

New Buy Entry (Trigger Level) : 1.32

Potential Sell Exit Zone (Stop Loss) : 1.17

Status : On watch for buy entry trigger