Trade Management

Current Open Alert

CKF – Collins Foods Limited

Stock : CKF – Collins Foods Limited

Current Price : 6.00

Previous Buy Entry (Trigger Level) : 5.86

New Sell Exit Zone (Stop Loss) : 5.75

Potential Target Zone : 6.60

Status : On Watch for trigger level

CKF is on the move higher but grinding into resistance at 6.30. We expect to see an extended move up to the resistance zone at 6.70 so will potentially look to take a partial exit around 6.60. We are happy to raise the risk level to 5.75 as both the daily and weekly charts are looking extended at current levels. Watching the action to see how price reacts at highs.

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.