Buyers back and moving price higher so tightening up the risk level

Current Active Alert Trade Management DCG

Time Frame : Daily

Sector : Capital Goods/Industrials

Broker Consensus : BUY

DCG – Decmil Group Limited

DCG has fought back from a minor selloff after our entry with buyers lifting their game and buying at market. Price has now extended higher so we are watching for the momentum to continue and give us a chance for a partial exit around the 1.00/1.10 zone. Looking for the volume to increase on the push up for further confirmation. Risk has also been raised to 0.815.

Stock Code : DCG – Decmil Group Limited

Company Website : www.decmil.com.au

Current Price : 0.90

Previous Buy Entry (Trigger Level) : 0.90

New Sell Exit Zone (Stop Loss) : 0.815

Status : On watch for continuation higher

Alert History

Previous Alert 18/03/19

Buyers jump into DCG on the open to trigger the Buy Entry Level at 0.90 so the alert is now active. The Stop Loss is held at 0.80 and the current market is trading at 0.91.

Original Alert 15/03/19

New Buy Entry Alert DCG

Time Frame : Daily

Sector : Capital Goods/Industrials

Key Stats : $207.22 Million Market Cap, VWAP 0.865, ASX Ranking 568, 4 Week Av Turnover $579,781, Current Turnover (Intraday as at time of alert) $459,844.

Company Overview : Decmil Group Limited (DCG) offers a diversified range of services to the Australian resources and infrastructure industries. The DGL within the group specialise in design, civil engineering and construction; accommodation services; mechanical fabrication and maintenance.

Broker Consensus : BUY

DCG – Decmil Group Limited

DCG has had some recent good news on contract wins in WA so buyers are stepping up the pressure. Happy to buy on a push up through 0.90 and hold a stop loss at 0.80. If price falls below 0.80 prior to entry, will cancel the alert and re-assess the action.

Stock Code : DCG – Decmil Group Limited

Company Website : www.decmil.com.au

Current Price : 0.875

New Potential Buy Entry (Trigger Level) : 0.90

Potential Sell Exit Zone (Stop Loss) : 0.80

Status : On watch for buy entry trigger