Buyers keep building to kick price higher and trigger the buy entry level

CCL popped higher to trigger the Buy Entry Level at 9.60 so the alert is now active. The Stop Loss is held at 9.30 and the current price is trading at 9.58.

Alert History

Original Entry Alert 4/06/19

New Buy Entry Alert CCL

Time Frame : Daily/Weekly

Sector : Food and Beverage

Key Stats : $6.78 Billion Market Cap, VWAP 9.486, ASX Ranking 64, 4 Week Av Turnover $17,742,689, Current Turnover (Intraday as at time of alert) $6,548,877, PE 24.3, Div Yield 5.02%.

Company Overview : Coca-Cola Amatil Limited (CCL) manufactures and distributes carbonated soft drinks, water, sports and energy drinks, fruit juice, flavoured milk, coffee and packaged ready-to-eat fruit and vegetable products. CCL is the principal Coca-Cola licensee in Australia and independently manufactures its own soft drinks and mineral waters. CCL sells and distributes the premium spirits portfolio of Beam Global Spirits & Wines. CCL also operates in Australia, New Zealand, Fiji, Indonesia, Papua New Guinea and Samoa.

Broker Consensus : HOLD/SELL

CCL – Coca-Cola Amatil Limited

CCL is holding a higher low after buyers step up the pressure today from the open. We are happy to buy on a push up through 9.60 and will hold a stop loss at 9.30. If price pushes down through 9.60 prior to entry, then happy to cancel the alert and re-assess the action.

Stock Code : CCL – Coca-Cola Amatil Limited

Company Website :

Current Price : 9.53

New Potential Buy Entry (Trigger Level) : 9.60

Potential Sell Exit Zone (Stop Loss) : 9.30

Status : On watch for buy entry trigger