Buyers may be finally lifting this stock out of the doldrums

Potential Buy Entry Alert to Watch VOC

Time Frame : Daily/Weekly

Sector : Telecommunications Services

Key Stats : $2.01 Billion Market Cap, VWAP 3.246, ASX Ranking 161, 4 Week Av Turnover $5,668,311, Current Turnover (Intraday as at time of alert) $1,953,113.

Company Overview : Vocus Group Limited (VOC, formerly Vocus Communications Limited) is a telecommunications provider of Internet, Fibre, Data Centres and Unified Communications across Australia and New Zealand. It has three operating segments; Enterprise & Wholesale Australia, Consumer Australia, and New Zealand.

Broker Consensus : HOLD/SELL

VOC – Vocus Group Limited

VOC has recently made a move to lift price up and out of the doldrums after price was smashed in the middle of 2016. We see the potential for buyers to start a move higher and hold higher levels. Watching now for a longer term higher low to build the entry setup but still a lot of work to do.

Stock Code : VOC – Vocus Group Limited

Company Website : www.vocusgroup.com.au

Current Price : 3.28

Status : On watch for potential higher low and buy opportunity