CAN is heading higher so time to look at locking in some gains

Current Active Alert Management

 

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