Buyers on the move after spending the last 7 months consolidating highs

Potential Buy Entry Alert to Watch CLV

Time Frame : Daily

Sector : Materials/Healthcare

Key Stats : $245.30 Million Market Cap, VWAP 1.56, ASX Ranking 502, 4 Week Av Turnover $213,400, Current Turnover (Intraday as at time of alert) $509,832.

Company Overview : Clover Corporation Limited (CLV) is involved in the refining and sale of omega-3 oils and encapsulated bioactive ingredients for infant formula, children’s foods, supplements and medical foods. CLV operates its businesses from five sites: a headquarter in Sydney; a manufacturing plant for tuna oils and related products in Altona; a product development R&D facility, technical support and marketing in Brisbane; the finance and IT departments in Gladstone Park; and a logistic and customer service office in the UK.

Broker Consensus : BUY


CLV – Clover Corporation Limited

CLV has spent the last seven months consolidating above the 1.30 level and buyers are now on the move up gunning for a break into new highs. We are now watching the action for a higher low to hold and the entry to setup and then jump on board for the ride.

Stock Code : CLV – Clover Corporation Limited

Company Website : www.clovercorp.com.au

Current Price : 1.575

Status : On watch for potential higher low and move through 1.80