CL1 looking to the highs after a few set backs

Current Active Alert Management

 

CL1 – Class Limited

CL1 is on the move back up after having a minor set back and nearly tagging our stop loss level. The cloud based administration software solution provider is looking great longer term so we are watching to see how traders react around the 4.00 level. May be a great opportunity to lock in some gains so we will see how the action plays out.

 

Stock Code : CL1 – Class Limited

Company Website : www.class.com.au

Current Price : 3.49

Previous Buy Entry (Trigger Level) : 3.47

Sell Exit Zone (Stop Loss) : 3.25

Potential 50% Partial Exit Zone : 3.98/4.00

Status : On watch for continuation higher

 

 

ORIGINAL ALERT 12/9/17

Stock : CL1 – Class Limited

Current Price : 3.45

New Buy Entry (Trigger Level) : 3.47

Potential Sell Exit Zone (Stop Loss) : 3.25

Status : On watch for buy entry trigger

CL1 has pushed up out of consolidation and has held some nice higher lows. We see price has accelerated higher and is now set to continue up through 3.46. We are now happy to buy at 3.47 with risk held at 3.25. If price falls lower through 3.25 then we will re-assess the price action.