GEM is looking stretched so time to close out and lock in the gains

Closing GEM at current market of 4.34

The alert is now closed

 

ORIGINAL ALERT 4/10/17

GEM – G8 Education Limited

GEM is looking good and ready to kick higher out of long term consolidation. The childcare center operator has spent a lot of time building a long term move so we want to be a part of the action and are looking to buy at 4.20 and then will hold risk at 4.00. If price pushes down to 4.00 prior to entry then we will re-assess the alert.

 

Stock Code : GEM – G8 Education Limited

Company Website : www.g8education.com.au

Current Price : 4.16

New Buy Entry (Trigger Level) : 4.20

Potential Sell Exit Zone (Stop Loss) : 4.00

Status : On watch for entry trigger