MND is on the move higher so now locking in some gains

Trade Management

Current Open Alert


MND – Monadelphous Group Limited

Stock : MND – Monadelphous Group Limited

Current Price : 13.91

Previous Buy Entry (Trigger Level) : 12.95

New Sell Exit Zone (Stop Loss) : 13.40

New Potential Partial Exit Zone (Target) : 14.50

Status : On watch for continuation through highs and partial exit

Company News :

MND has kicked on higher and looking strong. We are now in search of a partial exit to lock in some gains around 14.50. Price action is holding higher lows and still has some upside room to move. We are now happy to raise the risk level to lock in some gains just below higher low at 13.50 as if this level is broken, we expect to see a pullback.



Stock : MND – Monadelphous Group Limited

Current Price : 12.84

Potential Buy Entry Trigger Level : 12.95

Potential Sell Exit Zone : 12.10

Status : On watch for buy entry trigger

MND is looking the goods holding higher lows on both the weekly and daily charts. We are now watching for major continuation potentially up to the 15.00 zone. Watching and waiting now for the trigger level to be hit and acceleration into the highs. If price drops through 12.15 prior to entry then we will re-assess the price action.