Buy Entry has been triggered on CAR at 15.20 so the alert is now active.
The Stop Loss is held at 13.95
Original Buy Entry Alert 14/6/18
Time Frame : Weekly
Sector : Software and Services/Marketing Services
Key Stats : $3.55 Billion Market Cap, VWAP 14.821, ASX Ranking 110
Company Overview : Carsales.com Limited (CAR) is an Australian business principally operating two business segments, being Online Advertising Services and Data Research Services. Currently, the automotive classified advertising is the main product of the Company.
CAR – Carsales.com Limited
CAR is showing strength of buying to continue the long term trend higher. We are now happy to buy on a push up through 15.10 and will hold the stop loss at 13.95. If price falls below 13.95 prior to entry then we will re-assess the alert.
Stock Code : CAR – Carsales.com Limited
Company Website : www.carsales.com.au
Current Price : 14.75
New Buy Entry (Trigger Level) : 15.10
Potential Sell Exit Zone (Stop Loss) : 13.95
Status : On watch for buy entry trigger
