Price edges higher so time to lock in some gains

Current Active Alert Management FLN

 

Time Frame : Daily/Weekly

Sector : Retailing/Technology

Key Stats : $275.31 Million Market Cap, VWAP 0.605, ASX Ranking 461, 4 Week Av Turnover $121,186, Current Turnover (Intraday as at time of alert) $21,281.

Company Overview : Freelancer Limited (FLN) is engaged in freelancing, outsourcing, and crowdsourcing marketplace for small business. FLN connects over 26,976,627employers and freelancers globally from over 247 countries, regions and territories. Employers can hire freelancers to do work in areas such as software development, writing, data entry and design right through to engineering, the sciences, sales and marketing, accounting and legal services

Broker Consensus : BUY

 

FLN – Freelancer Limited

FLN is still edging higher so we are happy to lock away some gains at the current market level. Moving the 50% partial exit from 0.75 down to 0.725 to lock away some gains. The remaining stop loss is still held at 0.57 just below a minor higher low.

 

Stock Code : FLN – Freelancer Limited

Company Website : www.freelancer.com

Current Price : 0.725

Previous Buy Entry Level (Trigger Level) : 0.625

Potential 50% Partial Exit Zone (Target) : 0.725

Remaining Sell Exit Zone (Stop Loss) : 0.57

Status : On watch for a continuation and a partial exit

 

 


Previous Alert 31/10/18

Price rockets up so may as well take the opportunity to take a partial exit at 0.75

Move the remaining Stop Loss at 0.57

 


Buyers push price higher to trigger the buy entry level at 0.625.

The Alert is now active.

 


Original Alert today 21/10/18

New Buy Entry Alert FLN

 

Time Frame : Daily/Weekly

Sector : Retailing/Technology

Key Stats : $275.31 Million Market Cap, VWAP 0.605, ASX Ranking 461, 4 Week Av Turnover $121,186, Current Turnover (Intraday as at time of alert) $21,281.

Company Overview : Freelancer Limited (FLN) is engaged in freelancing, outsourcing, and crowdsourcing marketplace for small business. FLN connects over 26,976,627employers and freelancers globally from over 247 countries, regions and territories. Employers can hire freelancers to do work in areas such as software development, writing, data entry and design right through to engineering, the sciences, sales and marketing, accounting and legal services

Broker Consensus : BUY

 

FLN – Freelancer Limited

FLN is starting to get some traction as buyers step in to the action and support higher levels. Happy to buy on a move up through 0.625 and hold a stop loss at 0.55. If price pushes down through 0.55 prior to entry, we will cancel the alert and re-assess the action.

 

Stock Code : FLN – Freelancer Limited

Company Website : www.freelancer.com

Current Price : 0.62

New Buy Entry Level (Trigger Level) : 0.625

Potential Sell Exit Zone (Stop Loss) : 0.55

Status : On watch for a Buy entry trigger