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Potential Buy Entry Alert to Watch BUB
Time Frame : Daily/Weekly
Sector : Food, Beverage and Tabacco
Key Stats : $221.22 Million Market Cap, VWAP 0.515, ASX Ranking 537, 4 Week Av Turnover $1,065,478, Current Turnover (Intraday as at time of alert) $333,577.
Company Overview : Bubs Australia Limited (BUB, formerly Hillcrest Litigation Services Limited) is engaged in the business of production and sale of infant milk formula and organic infant food in the infant food category under BUBS brand.
Broker Consensus : HOLD
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BUB – Bubs Australia Limited
BUB buyers are sitting in a prime position for a run higher as recent sellers are running out of steam at higher levels. We are now watching for a minor higher low to build for the entry and would like to see the increase in volume that accompanies more action as traders jump on board.
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Stock Code : BUB – Bubs Australia Limited
Company Website : www.bubsaustralia.com
Current Price : 0.52
Status : On watch for potential higher low and move through 0.60
