Potential Buy Alert SHV

SHV – Select Harvests Limited

SHV has been putting in the ground work for a move up as buyers defend major support around 3.70. We see a higher low that will lead to higher prices in the short term but the buyers still have some work to before a strong leg up gets underway. Watching now for minor contraction in price before a higher low drags in buyers for a leg higher.

Stock Code : SHV – Select Harvests Limited

Company Website : www.selectharvests.com.au

Current Price : 5.59

Status : On watch for buy entry setup