Buyers step up the pressure and trigger the buy entry

BKL has triggered the Buy Entry Level at 133.00 so the alert is now active

The Stop Loss is held at 123.00 and currently trading at 133.77

 

Original Alert 22/5/18

New Buy Entry Alert BKL

Time Frame : Daily/Weekly

Key Stats : $2.15 Billion Market Cap, Div Yield 2.32% and PE Ratio of 33.3, VWAP 127.386.

 

BKL – Blackmores Limited

BKL is in a prime position for a run higher as buyers start to jump in to the action and lift price and build a weekly higher low. We are now happy to buy on a push up through 133.00 and hold the stop loss at 123.00. If price falls below 123.00 prior to entry, we will re-assess the alert.

 

Stock Code : BKL – Blackmores Limited

Company Website : www.blackmores.com.au

Current Price : 127.06

New Buy Entry (Trigger Level) : 133.00

Potential Sell Exit Zone (Stop Loss) : 123.00

Status : On watch for buy entry trigger