Buyers on the march higher so time to get on board

New Buy Entry Alert BWX

Time Frame : Daily

Sector : Consumer Defensive

Key Stats : $439.85 Million Market Cap, VWAP 3.662, ASX Ranking 390, 4 Week Av Turnover $2,694,195, Current Turnover (Intraday as at time of alert) $1,263,120, PE 46.0, Div Yield 1.95%.

Company Overview : BWX Limited (BWX) is a developer, manufacturer distributor and marketer of branded skin and hair care products with an emphasis on the natural segment of the beauty and personal care market. The company owns, produces and distributes under the Sukin, Derma Sukin, USpa, Andalou Naturals, Mineral Fusion and Nourished Life brands.

Broker Consensus : HOLD

BWX – BWX Limited

BWX is on the move up as buyers soak up the selling pressure at higher levels. We are happy to buy on a push up through 3.71 and hold the stop loss at 3.34. If price falls down through 3.34 prior to entry then we will cancel the alert and re-assess the action.

Stock Code : BWX – BWX Limited

Company Website : www.bwxltd.com

Current Price : 3.685

New Buy Entry (Trigger Level) : 3.71

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 3.34

Status : On watch for Buy Entry Trigger