Buyers primed and ready for a run higher so time to watch for an entry

Potential Buy Entry Alert to Watch ALQ

Time Frame : Daily/Weekly

Sector : Commercial and Professional Services/Industrials

Key Stats : $3.73 Billion Market Cap, VWAP 7.775, ASX Ranking 107, 4 Week Av Turnover $14,359,109, Current Turnover (Intraday as at time of alert) $12,202,177, PE 25.9, Div Yield 2.61%.

Company Overview : ALS Limited (ALQ) is a global provider of laboratory testing, inspection, certification and verification solutions. ALS Limited are the global benchmark for quality and integrity, and have built our reputation on quality, client service, innovation, and technical excellence. ALS operates analytical and testing services businesses and has partnerships span major sectors including mining, natural resources, environmental, food, pharmaceutical, industrial and inspection services.

Broker Consensus : BUY/HOLD

ALQ – ALS Limited

ALQ has recently fell away from highs around 8.25 but in a show of strength, buyers are soaking up the selling pressure on the pullback. We are now happy to watch the buyers prove themselves and build the higher low for the buy entry setup above 7.50.

Stock Code : ALQ – ALS Limited

Company Website : www.alsglobal.com

Current Price : 7.90

Status : On watch for potential higher low