Potential Buy Entry Alert PET
Time Frame : Daily
Sector : Commercial and Professional Services/Industrials
Key Stats : $221.25 Million Market Cap, VWAP 0.45, ASX Ranking 544, 4 Week Av Turnover $216,429, Current Turnover (Intraday as at time of alert) $597,118.
Company Overview : Phoslock Environmental Technologies Limited (PET, formerly Phoslock Water Solutions Limited) provides water technologies and solutions for lake restoration, reservoir managements and water quality management in storm water ponds.
Broker Consensus : NONE
PET – Phoslock Environmental Technologies Limited
PET is playing out nicely since the last alert so now its all about an entry setup that meets our risk requirements. We are watching now for further confirmation that buyers are stepping in to soak up the selling pressure to build for a move up through 0.48.
Stock Code : PET – Phoslock Environmental Technologies Limited
Company Website : www.phoslock.com.au
Current Price : 0.435
Status : On watch for buy entry setup
Previous Alert 19/10/18
Potential Buy Entry Alert PET
Time Frame : Daily/Weekly
Sector : Commercial and Professional Services/Industrials
Key Stats : $221.25 Million Market Cap, VWAP 0.45, ASX Ranking 544, 4 Week Av Turnover $216,429, Current Turnover (Intraday as at time of alert) $597,118.
Company Overview : Phoslock Environmental Technologies Limited (PET, formerly Phoslock Water Solutions Limited) provides water technologies and solutions for lake restoration, reservoir managements and water quality management in storm water ponds.
Broker Consensus : NONE
PET – Phoslock Environmental Technologies Limited
PET recently popped up through resistance to drag in buyers to continue the trend higher. We are now watching for a minor higher low to build for the buy entry setup and a potential strong run higher. Price has been quite strong against the flow of the overall ASX200 so we are looking to take advantage of the strength and get on board for the ride.
Stock Code : PET – Phoslock Environmental Technologies Limited
Company Website : www.phoslock.com.au
Current Price : 0.455
Status : On watch for buy entry setup
