Buyers trigger the entry levels as price pushes higher

CQE rallied to trigger the buy entry level at 3.68 so the alert is now active. The Stop Loss is held at 3.50.

Alert History

Original Alert 29/05/19

New Buy Entry Alert CQE

Time Frame : Daily

Sector : Real Estate

Key Stats :  $1.09 Billion Market Cap, VWAP 3.631, ASX Ranking 226, 4 Week Av Turnover $1,334,767, Current Turnover (Intraday as at time of alert) $650,177, PE 10.3, Div Yield 4.37%.

Company Overview : Charter Hall Education Trust (CQE, formerly Folkestone Education Trust) is a listed real estate investment trust (A-REIT) that primarily invests in early learning properties within Australia and New Zealand. Charter Hall Education Trust is managed by Charter Hall Group.

Broker Consensus : Not covered by a major broker

CQE – Charter Hall Edu TR

CQE has rejected lows on a show of strength from buyers and looks set to push into new highs. We are happy to buy on a push up through 3.68 and will hold the stop loss at 3.50. If price pushes below the 3.50 prior to entry, then cancel the alert and we will re-assess the action.

Stock Code : CQE – Charter Hall Edu TR

Company Website :

Current Price : 3.62

New Buy Entry (Trigger Level) : 3.68

Potential Sell Exit Zone (Stop Loss) : 3.50

Status : On watch for Buy Entry Trigger