Price action holds highs and looking for a run higher so time to lock in further gains

Current Active Alert Management EVN

Time Frame : Daily/Weekly

Broker Consensus : BUY/HOLD

EVN – Evolution Mining Limited

EVN continues to hold onto the highs as Gold comes under pressure. This is a good sign of strength and we expect to see another push higher. Happy to raise the remaining Stop Loss level to lock in some gains so moving risk from 3.60 to 4.10.

Stock Code : EVN – Evolution Mining Limited

Company Website : www.evolutionmining.com.au

Current Price : 4.46

Previous Buy Entry (Trigger Level) : 4.00

Previous 50% Partial Exit Zone (Partial Target) : 4.46

New Sell Exit Zone (Stop Loss/Cancel Level) : 4.10

Status : On watch for Continuation higher

Alert History

Previous Alert 19/02/20

Current Active Alert Management EVN

Time Frame : Daily/Weekly

Broker Consensus : BUY/HOLD

EVN – Evolution Mining Limited

EVN is on the charge higher as buyers dive in after a run up in Aussie Gold price. We are happy to take a partial exit and lock away some gains at the current market price at 4.46. The Stop Will remain at 3.60 for now.

Stock Code : EVN – Evolution Mining Limited

Company Website : www.evolutionmining.com.au

Current Price : 4.46

New 50% Partial Exit Zone (Partial Target) : 4.46 (current Market Price)

Previous Buy Entry (Trigger Level) : 4.00

Sell Exit Zone (Stop Loss/Cancel Level) : 3.60

Status : On watch for Continuation higher

Previous Alert 10/02/20

EVN pushed higher to trigger the Buy Entry level at 4.00 so the alert is now active. The Stop Loss is held at 3.60 and the current price is trading at 4.03.

Original Buy Entry Alert 10/02/20

New Buy Entry Alert EVN

Time Frame : Daily/Weekly

Sector : Materials/Basic Materials

Key Stats : $6.43 Billion Market Cap, VWAP 3.92, ASX Ranking 76, 4 Week Av Turnover $42,422,056, Current Turnover $31,466,601 (11:19am AEDT).

Company Overview : Evolution Mining Limited (EVN) is a gold mining company focusing on mining and exploration operations in Australia. It owns and operates five gold and silver mines in Queensland and Western Australia.

Broker Consensus : BUY/HOLD

EVN – Evolution Mining Limited

EVN is on the move up so time to jump on board for some exposure to Gold. We are now happy to buy on a push up through 4.00 with a Stop Loss at 3.60. If price falls below 3.60 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : EVN – Evolution Mining Limited

Company Website : www.evolutionmining.com.au

Current Price : 3.95

New Potential Buy Entry (Trigger Level) : 4.00

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 3.60

Status : On watch for Buy Entry Trigger