Buyers starting the march higher as they support higher levels

New Buy Entry Alert RBL

 

Time Frame : Daily/Weekly

Sector : Retailing/Technology

Key Stats : $355.61 Million Market Cap, VWAP 1.68, ASX Ranking 438, 4 Week Av Turnover $216,794, Todays Current Turnover (intraday) $87,840.

Company Overview : Redbubble Limited (RBL) operates global online marketplace connecting independent artists with customers and a global network of third party fulfillers utilising print on demand technology to fulfil customer orders. As such, redbubble operates in the retail e commerce industry, in addition to the specific sub segments of print on demand and online marketplaces for artists and designers.

Broker Consensus : BUY

 

RBL – Redbubble Limited

RBL is on the move as buyers start the march higher. We are now happy to buy on a push up through 1.735 and happy to hold the stop loss at 1.60. If price falls back down through 1.60 prior to entry, we will cancel and re-assess the alert.

 

Stock Code : RBL – Redbubble Limited

Company Website : www.redbubble.com

Current Price : 1.69

New Buy Entry Level (Trigger Level) : 1.735

Potential Sell Exit Zone (Stop Loss) : 1.60

Status : On watch for a Buy entry trigger