Cancelled buy entry alert as sellers edge price lower

ELS Buy Entry Alert is cancelled as price falls below 0.67.

Time to re-assess the price action.

 


Original Alert 7/9/18

New Buy Entry Alert ELS

 

Time Frame : Daily/Weekly

Sector : Technology Hardware & Equipment

Key Stats : $34.13 Million Market Cap, VWAP 0.72, ASX Ranking 7, 4 Week Av Turnover $324,221, Todays Current Turnover (intraday) $257,089.

Company Overview : Elsight Limited (ELS) is a solution provider of video/data capturing, recording and transmission for various real- tactical security and surveillance purposes/applications that are crucial to the effective operations of security solutions, assuring improved detection, verification, investigation and tactical operations.

Broker Consensus : NONE

 

ELS – Elsight Limited

ELS is doing well in a struggling market and is in a prime position to kick off a new leg higher. Happy to buy with a push up through 0.76 and will hold the stop loss at 0.67. If price falls through 0.67 prior to the entry, we will cancel the alert and re-assess the action.

 

Stock Code : ELS – Elsight Limited

Company Website : www.el-sight.com

Current Price : 0.73

New Buy Entry Level (Trigger Level) : 0.76

Potential Sell Exit Zone (Stop Loss) : 0.67

Status : On watch for a Buy entry trigger