Closing out the Remaining CAN at 2.00
Alert is now closed
Previous Alert 30/10/17
CAN – Cann Group Limited
CAN is on the move and price is strong but looking extended at current levels. We are happy to tighten up the risk level to lock in further gains and watch the action play out. Buyers are still happy to push price higher so we are happy to continue the ride.
Stock Code : CAN – Cann Group Limited
Current Price : 1.775
Company Website : www.canngrouplimited.com
Previous Buy Entry Level (trigger Level) : 1.24
New Remaining Sell Exit Zone (Stop Loss) : 1.54
Previous 50% Partial Exit Zone (Target) : 1.39
Status : On watch for continuation
Previous Alert 25/10/17
CAN – Cann Group Limited
CAN continues its march higher as buyers give price a kick. A news release today was taken well by the buyers with CAN being granted licence variations to increase capacity for medicinal cannabis cultivation. We expect this to give the price a further push over the coming days so are happy to tighten up the risk to lock in further gains.
Stock Code : CAN – Cann Group Limited
Current Price : 1.59
Company Website : www.canngrouplimited.com
Previous Buy Entry Level (trigger Level) : 1.24
New Sell Exit Zone (Stop Loss) : 1.40
Previous 50% Partial Exit Zone (Target) : 1.39
Status : On watch for continuation
PREVIOUS ALERT 19/10/17
CAN – Cann Group Limited
CAN had a bit of a selloff and has since bounced holding a higher low. Buyers looks to be struggling to take control and push price through to new highs above 1.50. We still like the price action but feel that its time to lock in some gains around 1.39 and raise the risk to 1.14.
Stock Code : CAN – Cann Group Limited
Current Price : 1.34
Company Website : www.canngrouplimited.com
Previous Buy Entry Level (trigger Level) : 1.24
New Sell Exit Zone (Stop Loss) : 1.14
Status : On watch for continuation to partial exit
ORIGINAL BUY ENTRY ALERT 26/9/17
CAN – Cann Group Limited
CAN is showing great signs and is ready to have a run to new highs. The company has made leaps and bounds in the medicinal cannabis arena and with the news flow everyone likes to see, has the potential to kick up strong into new highs. We are now watching for a push up through 1.24 for entry but if 1.08 trades prior to entry, we will re-assess the alert.
Stock Code : CAN – Cann Group Limited
Current Price : 1.20
Company Website : www.canngrouplimited.com
New Buy Entry Level (trigger Level) : 1.24
Potential Sell Exit Zone (Stop Loss) : 1.08
Status : On watch for buy entry trigger
