CKF sellers pushed price lower to trigger the stop loss level

CKF has dropped and triggered the stop loss level at 5.60

The alert is now closed

The Stock went Ex-div today so the stop loss level is 5.68 adjusted for dividends

 

PREVIOUS ALERT 28/11/17

CKF – Collins Foods Limited

CKF has had a great few days and is on the rise. We are now watching the restaurant franchise management company to push up to resistance first around 6.30 and then up at 6.70. We will watch how price reacts for a potential partial exit opportunity while also looking to raise the risk level and lock in some gains.

 

Stock Code : CKF – Collins Foods Limited

Company Website : www.collinsfoods.com

Current Price : 6.20

Previous Buy Entry (Trigger Level) : 5.94

Sell Exit Zone (Stop Loss) : 5.60

Status : On watch for continuation

 

 

Previous Entry Alert 14/10/17

CKF – Collins Foods Limited

CKF is showing some strong signs of buyers jumping in at higher prices to support a move through to new highs. The restaurant franchise management company is in a great zone for continuation so we want to buy and take advantage of a push higher. Watching now for an entry trigger at 5.94 but if price pushes lower through 5.60 prior to entry, we will re-assess the alert.

 

Stock Code : CKF – Collins Foods Limited

Company Website : www.collinsfoods.com

Current Price : 5.89

New Buy Entry (Trigger Level) : 5.94

Potential Sell Exit Zone (Stop Loss) : 5.60

Status : On watch for buy entry trigger