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Buyers Jump in to push price higher and trigger the buy entry level at 3.45. The Alert is now active and the stop loss is held at 3.10. Current price is 3.45.
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Original Buy Entry Alert 6/02/19
New Buy Entry Alert VOC
Time Frame : Daily/Weekly
Sector : Telecommunications Services
Key Stats : $7.09 Billion Market Cap, VWAP 3.874, ASX Ranking 58, 4 Week Av Turnover $3,001,462, Current Turnover (Intraday as at time of alert) $107,638, PE 20. Div Yield 5.04%.
Company Overview : Spark New Zealand Limited (SPK, formerly Telecom Corporation of New Zealand Limited) is a NZ telecommunications service provider, offering a range of services and products to consumers and businesses. The Company has following business units: Spark Home, Mobile & Business; Spark Digital and Spark Connect.
Broker Consensus : Not covered by a major broker
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VOC – Vocus Group Limited
VOC is on the move up off a higher low as buyers defend higher levels and ready to push out of the long term base. We are happy to buy on a push up through 3.45 and hold the stop loss at 3.10. If price falls below 3.10 prior to entry, then we will cancel the entry alert and re-assess the action.
Stock Code : VOC – Vocus Group Limited
Company Website : www.vocusgroup.com.au
Current Price : 3.425
New Buy Entry (Trigger Level) : 3.45
Potential Sell Exit Zone (Stop Loss) : 3.10
Status : On watch for buy entry trigger
