Cancelled buy entry alert as price struggles higher

Cancel Buy Entry Alert on CWN at 13.95.

Price is not behaving as expected and may need some more time to play out.

 

Original Alert 16/5/18

New Buy Entry Alert CWN

Time Frame : Weekly

Key Stats : $9.26 Bill Market Cap, Div Yield 4.46% and PE Ratio of 5.2, Recent Div $0.30

 

CWN – Crown Resorts Limited

CWN is on the move out of a long term base build as buyers start the march higher. The work has been put in so its now time for the pay off as we look for a new long term leg higher after buyers step in to support higher prices.

 

Stock Code : CWN – Crown Resorts Limited

Company Website : www.crownresorts.com.au

Current Price : 13.62

New Buy Entry (Trigger Level) : 13.95

Potential Sell Exit Zone (Stop Loss) : 12.35

Status : On watch for buy entry trigger