New Buy Entry Alert BKL

Time Frame : Daily/Weekly

Sector : Healthcare

Key Stats : $2.41 Billion Market Cap, VWAP 141.961, ASX Ranking 145, PE Ratio 38.0, Div Yield 2.03%, 4 Week Av Turnover $9,878,250.

Company Overview : Blackmores Limited (BKL) is natural health company engaged in development, and sales and marketing of health products for humans and animals. It combines traditional naturopathic expertise with scientific research. Their products include vitamins, herbal and mineral nutritional supplements. Products are distributed through retail pharmacies, supermarkets, health food stores, mass merchants and distributors. BKL operates in Australia, New Zealand and Asia.

BLK – Blackmores Limited

BKL has been great to us in the past and now looks ready to make a run to the 170.00 zone and potentially beyond. We are now happy to buy on a push through 146.00 and hold the stop loss at 138.50. If price pushes down through 138.50 prior to entry then we will re-assess the alert.

Stock Code : BKL – Blackmores Limited

Company Website : www.blackmores.com.au

Current Price : 141.85

New Buy Entry (Trigger Level) : 146.00

Potential Sell Exit Zone (Stop Loss) : 138.50

Status : On watch for buy entry trigger