CCL has extended lower so its time to lock in some gains

Trade Management

Current Open Alert

 

CCL – Coca-Cola Amatil Limited

Stock : CCL – Coca-Cola Amatil Limited

Current Price : 8.25

Previous Sell Entry (Trigger Level) : 8.95

Buy Exit Zone (Stop Loss) : 9.00

Potential 50% Partial Exit Zone (Target) : 8.20

Status : On watch for continuation lower

CCL has fizzled and price has extended lower towards the 8.00 whole number. The volume spiked up yesterday so price is starting to look exhaustive so we are happy to take a partial exit and lock in some gains at 8.20. Risk is held at 9.00 so time to sit back and watch the action play out.

 

ORIGINAL ENTRY ALERT 6/7/17

Stock : CCL – Coca-Cola Amatil Limited

Current Price : 8.95

New Sell Entry Trigger Level : At Market currently 8.95

Potential Buy Exit Zone : 9.30

Status : On watch for continuation lower

CCL is looking weak and see to test down to 8.00 support. We are happy to see at market which is currently 8.95 and hold the risk level at 9.30.