Potential Sell Alert NCK

 

NCK – Nick Scali Limited

NCK has headed lower as expected but the alert was cancelled prior to entry so we are now on watch for further weakness. Sellers are in control and may still have further to push price. We see potential for an extended move down to the 5.25 zone on a weekly basis so will be watching the daily charts for a pullback and lower high for a sell entry setup.

 

Stock Code : NCK – Nick Scali Limited

Company Website : www.nickscali.com.au

Current Price : 6.41

Status : On watch for sell entry setup

 

 

 

Previous Alert 23/3/18

NCK – Nick Scali Limited

NCK is in the process of holding a lower high after price could not hold a break up through 7.20 recently. We are now watching for further weakness to enter the market and are happy to enter on a push through 6.79. If we see price push back up through 7.11 prior to entry then we will re-assess the alert.

 

Stock Code : NCK – Nick Scali Limited

Company Website : www.nickscali.com.au

Current Price : 6.91

New Sell Entry (Trigger Level) : 6.79

Potential Buy Exit Level (Stop Loss) : 7.11

Status : On watch for sell entry trigger