Closing remaining alert on BPT to lock in the final gains and call it a day

Closing Remaining Alert BPT at current market price of $1.725

We are happy to close the remaining alert on BPT and lock in the remaining gains as price struggles at current highs.

 

Previous Alert 14/5/18

BPT – Beach Energy Limited

BPT is still looking strong as buyers push price up to a major resistance zone. We are happy to tighten up the risk level and raise the stop loss on the remaining position to 1.66. Just sitting back to see if price reacts lower off 1.80 or just blasts through.

 

Stock Code : BPT – Beach Energy Limited

Company Website : www.beachenergy.com.au

Current Price : 1.765

Previous Buy Entry (Trigger Level) : 1.32

New Remaining Sell Exit Zone (Stop Loss) : 1.66

Previous 50% Partial Exit (Target) : 1.40

Status : On watch for continuation higher

 

 

Previous Alert 13/4/18

BPT – Beach Energy Limited

BPT is continuing higher but buyers have stretched prices into a minor resistance level where we expect to see a reaction lower and a bit of heat to come out of the action. We are now happy to lock in a partial exit at current levels 0f 1.40 and also raise the remainig stop loss level to 1.25.

 

Stock Code : BPT – Beach Energy Limited

Company Website : www.beachenergy.com.au

Current Price : 1.40

Previous Buy Entry (Trigger Level) : 1.32

New Remaining Sell Exit Zone (Stop Loss) : 1.25

New 50% Partial Exit (Target) : 1.40

Status : On watch for continuation

 

 

Original Alert 9/4/18

BPT – Beach Energy Limited

BPT is finding some buying as price holds higher lows. We are now happy to buy on a push up through 1.32 for a move through 1.45. If price goes down below 1.17 prior to the entry triggering, we will re-assess the alert.

 

Stock Code : BPT – Beach Energy Limited

Company Website : www.beachenergy.com.au

Current Price : 1.29

New Buy Entry (Trigger Level) : 1.32

Potential Sell Exit Zone (Stop Loss) : 1.17

Status : On watch for buy entry trigger