Buyers are on the move so time to jump on board for a run up

New Buy Entry Alert VOC

Time Frame : Daily/Weekly

Sector : Telecommunications Services

Key Stats : $7.09 Billion Market Cap, VWAP 3.874, ASX Ranking 58, 4 Week Av Turnover $3,001,462, Current Turnover (Intraday as at time of alert) $107,638, PE 20. Div Yield 5.04%.

Company Overview : Spark New Zealand Limited (SPK, formerly Telecom Corporation of New Zealand Limited) is a NZ telecommunications service provider, offering a range of services and products to consumers and businesses. The Company has following business units: Spark Home, Mobile & Business; Spark Digital and Spark Connect.

Broker Consensus : Not covered by a major broker

VOC – Vocus Group Limited

VOC is on the move up off a higher low as buyers defend higher levels and ready to push out of the long term base. We are happy to buy on a push up through 3.45 and hold the stop loss at 3.10. If price falls below 3.10 prior to entry, then we will cancel the entry alert and re-assess the action.

Stock Code : VOC – Vocus Group Limited

Company Website : www.vocusgroup.com.au

Current Price : 3.425

New Buy Entry (Trigger Level) : 3.45

Potential Sell Exit Zone (Stop Loss) : 3.10

Status : On watch for buy entry trigger