Entry triggered as buyers push price up in the open

TGR Buy Entry Triggered at 4.40 so the alert is now active.

The Stop Loss is held at 4.21.

 


 

Original Alert 12/12/18

New Buy Entry Alert TGR

Time Frame : Daily/Weekly

Sector : Food, Beverage and Tabacco

Key Stats : $764.01 Million Market Cap, VWAP 4.312, ASX Ranking 263, 4 Week Av Turnover $1,855,523, Current Turnover (Intraday as at time of alert) $506,424.

Company Overview : Tassal Group Limited (TGR) is an Australian company engaged in provision of Atlantic salmon in Australia. TGR’s operationsinclude hatching, farming, processing, sales and marketing of Atlantic salmon, located in Tasmania.

Broker Consensus : BUY

TGR – Tassal Group Limited

TGR has been holding its ground as buyers support price under ASX200 pressure. We are now watching for a higher low to confirm with a push up through the entry price at 4.40. If the entry triggers then we are happy with tight risk at 4.21 but if 4.21 trades prior to the entry, cancel the alert and back to the drawing board.

Stock Code : TGR – Tassal Group Limited

Company Website : www.tassalgroup.com.au

Current Price : 4.33

New Buy Entry Level (Trigger Level) : 4.40

Potential Sell Exit Zone (Stop Loss) : 4.21

Status : On watch for a Buy entry trigger