Current Active Alert Management BPT
BPT – Beach Energy Limited
BPT continues its grind higher so time to lock in further gains. We still have our eye on the 1.70/1.80 zone as long term resistance and do expect to see a reaction lower as traders race to lock in gains from the solid rally.
Stock Code : BPT – Beach Energy Limited
Company Website : www.beachenergy.com.au
Current Price : 1.657
Previous Buy Entry (Trigger Level) : 1.32
New Remaining Sell Exit Zone (Stop Loss) : 1.60
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
