Trade Management

Current Open Alert

BXB – Brambles Limited

Stock : BXB – Brambles Limited

Current Price : 9.53

Previous Sell Entry (Trigger Level) : 10.00

New Remaining Buy Exit Zone (Stop loss) : 9.90

Previous Partial Buy Exit 50% Level (Target)  : 9.69

Status : On Watch for continuation lower

BXB has done well and is dropping down towards the 9.00 support level. We have managed to take a partial exit and lock in some gains and are now watching the remaining. Happy to tighten up the risk level and sit back and watch the action unfold.

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 : 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.