CKF has good all the signs of building a new leg higher

CKF – Collins Foods Limited

Stock : CKF – Collins Foods Limited

Current Price : 5.30

New Buy Entry Trigger Level : 5.49

Potential Sell Exit Zone : 5.00

Status : On watch for buy trigger level

CKF has been a great trade for us in the past and looks set to repeat previous price action for a new leg higher. We are watching for a push up through 5.49 for the buy entry trigger as this will confirm the higher low at 5.10. Risk is held at 5.00 but if this level is traded prior to entry, then we will re-assess the price action.