BXB has moved lower as expected watching for partial 50% profit

Trade Management

Current Open Alert

 

BXB – Brambles Limited

Stock : BXB – Brambles Limited

Current Price : 9.64

Previous Sell Entry (Trigger Level) : 10.00

New Remaining Potential Buy Exit Zone (Stop loss) : 10.05

Partial Buy Exit 50% Level (Target)  : 9.63

Status : On Watch for partial exit

BXB has moved down strongly as expected so we are now happy to take a partial 50% exit at 9.63. The remaining stop loss exit zone has been moved down to 10.05.

ORIGINAL ALERT 27/6/17

Stock : BXB – Brambles Limited

Current Price : 10.055

New Sell Entry (Trigger Level) : 10.00 limit down to 9.95

Potential Buy Exit Zone (Stop Loss) : 10.30

Status : On Watch for sell trigger

BXB is looking weak and set to continue its long term move lower. We can see the 10.23 support zone was recently broken and then retested. We see now confirmation of a lower high on a move down through 10.00 so are happy to sell. The lower limit for the entry is 9.95 as price can easily gap lower. If price pushes up prior to entry through 10.23 then we will re-assess the price action.