BXB is weak with sellers taking control and price set to collapse

New Sell Entry Alert


BXB – Brambles Limited

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.