CCL hit hard on the open after disappointing results sees shorts sellers winning

Trade Management

Current Open Alert

 

CCL – Coca-Cola Amatil Limited

Stock : CCL – Coca-Cola Amatil Limited

Current Price : 8.20

Previous Sell Entry (Trigger Level) : 8.95

Buy Exit Zone (Stop Loss) : 8.65

Previous 50% Partial Exit Zone (Target) : 8.20

Status : On watch for continuation lower

CCL has released some bad news for investors today which is opened the price lower at 8.25. We are happy to hold risk at 8.65 after previously taking a partial exit at 8.20. The news may see some heavy selling today as buyers exit and new sellers enter the market. Watching price action for a further profit target.

 

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.