CKF Alert Closed at 5.90 at the Stop Loss Level

Trade Management- Closed Alert

CKF Stop Loss Triggered at 5.90

Alert Closed at 5.90

 

PREVIOUS ALERT 16/8/17

Stock : CKF – Collins Foods Limited

Current Price : 6.25

Previous Buy Entry (Trigger Level) : 5.86

Remaining Sell Exit Zone (Stop Loss) : 5.90

Previous 50% Partial Exit (Target) : 6.25

Status : Partial Exit target hit now watching for continuation up

CKF has kicked higher into the partial exit zone at 6.25 so we have locked in some gains and watching for continuation. The price action looks strong as we see higher lows hold so we now want to see how price reacts up at the highs. Time to sit back and watch the action.

 

ORIGINAL ALERT 20/7/17

Stock : CKF – Collins Foods Limited

Current Price : 5.76

New Buy Entry (Trigger Level) : 5.86

Potential Sell Exit Zone (Stop Loss) : 5.50

Status : On Watch for trigger level

CKF is looking good as price hold a potential higher low around 5.60. We see that price has recently pushed up out of contraction so are happy to buy at 5.86on evidence that buyers are stepping in. Risk is held at 5.50 but if this level trades prior to entry, we will the re-assess that price action.