Buyers building as they defend higher levels and look to new highs

New Buy Entry Alert UWL

Time Frame : Daily

Sector : Telecommunications Services

Key Stats : $221.18 Million Market Cap, VWAP 1.383, ASX Ranking 554, 4 Week Av Turnover $731,696, Current Turnover (Intraday as at time of alert) $6834.

Company Overview : Uniti Wireless Limited (UWL) Uniti Wireless is an Internet Service Provider (ISP) and licensed telecommunications carrier that delivers fixed wireless broadband connections, as an alternative to, and independent of, the nbn and a replacement for ADSL networks. Uniti Wireless provides these connections over its own wireless access network, supported by third party fibre backhaul and Internet connectivity.

Broker Consensus : Not covered by a major broker

UWL – Uniti Wireless

UWL is set to push up off the lows as buyers start to jump back into the action. We are happy to buy on a push up through 1.455 with a Stop Loss at 1.22. If price falls below 1.22 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : UWL – Uniti Wireless

Company Website : www.unitiwireless.com

Current Price : 1.375

New Potential Buy Entry (Trigger Level) : 1.455

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 1.22

Status : On watch for Buy Entry Trigger