EVT is starting the move higher off a strong base of support

Potential Buy Alert EVT

EVT – Event Hospitality and Entertainment Limited

EVT has spent last year building a solid base to engineer another leg higher. The Hospitality, Entertainment and Tourism Services company has shown growth over the last few years so we expect management to continue that trend. We have see a strong pullback from the highs at the beginning of 2016 and evidence that buyers are happy to support prices at these lower levels. We are now watching for a minor pullback to build a higher low and buy entry setup.

 

Stock Code : EVT – Event Hospitality and Entertainment Limited

Company Website : www.evt.com

Current Price : 13.75

Status : On watch for buy entry setup