It has been a while building but this company is ready to fire

Potential Buy Alert SM1

 

SM1 – Synlait Milk Limited

SM1 has been holding up nicely under the weight of the recent sell off in global equities. We see that price washed out support around 6.00 and the reacted higher so we are now on watch for a higher low to build for confirmation that buyers are stepping in and we are on the right side of the action.

 

Stock Code : SM1 – Synlait Milk Limited

Company Website : www.synlait.com

Current Price : 6.54

Status : On watch for buy entry setup