Current Active Alert Management BPT
BPT – Beach Energy Limited
BPT is continuing the grind higher but is coming up into strong resistance. Price may react off the 1.70/1.80 zone as traders look to lock in some gains from the current rally. We are now happy to tighten up the risk level to 1.55 and sit back to watch the action play out.
Stock Code : BPT – Beach Energy Limited
Company Website : www.beachenergy.com.au
Current Price : 1.652
Previous Buy Entry (Trigger Level) : 1.32
New Remaining Sell Exit Zone (Stop Loss) : 1.55
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
