Price gaps down on the open after a mixed half yearly release

A mixed half year financial result saw VOC gap down on the open and then bounce back hard to previous highs. The Stop was triggered at 3.38 on the open so the alert is now closed.

Previous Alert 25/02/19

Current Active Alert Trade Management VOC

Time Frame : Daily/Weekly

Sector : Telecommunications Services

Broker Consensus : Not covered by a major broker

VOC – Vocus Group Limited

VOC has recently spent some time in pullback mode to clean out a few late buyers to clear the way for a potential move higher through the 3.70 resistance zone. A move through resistance would open up a move up to 4.50 and potentially beyond. Buyers have spent over a year building this move so it could have some legs to it but we will have to wait and see.

Stock Code : VOC – Vocus Group Limited

Company Website : www.vocusgroup.com.au

Current Price : 3.62

Previous Buy Entry (Trigger Level) : 3.45

New Sell Exit Zone (Stop Loss) : 3.45

Status : On watch for continuation higher

Previous Alert 11/02/19

Current Active Alert Trade Management VOC

Time Frame : Daily/Weekly

Sector : Telecommunications Services

Broker Consensus : Not covered by a major broker

VOC – Vocus Group Limited

VOC has kicked off today with a strong move in a relatively weak market to give us confidence that we are on the right side of the action. Happy now to tighten up the risk and move the stop loss up top 3.20 from 3.10. Watching now to see how traders react to 3.60 as the long term charts look positive.

Stock Code : VOC – Vocus Group Limited

Company Website : www.vocusgroup.com.au

Current Price : 3.54

Previous Buy Entry (Trigger Level) : 3.45

New Sell Exit Zone (Stop Loss) : 3.20

Status : On watch for continuation higher

Previous Alert 7/02/19

Buyers Jump in to push price higher and trigger the buy entry level at 3.45. The Alert is now active and the stop loss is held at 3.10. Current price is 3.45.

Original Buy Entry Alert 6/02/19

New Buy Entry Alert VOC

Time Frame : Daily/Weekly

Sector : Telecommunications Services

Key Stats : $7.09 Billion Market Cap, VWAP 3.874, ASX Ranking 58, 4 Week Av Turnover $3,001,462, Current Turnover (Intraday as at time of alert) $107,638, PE 20. Div Yield 5.04%.

Company Overview : Spark New Zealand Limited (SPK, formerly Telecom Corporation of New Zealand Limited) is a NZ telecommunications service provider, offering a range of services and products to consumers and businesses. The Company has following business units: Spark Home, Mobile & Business; Spark Digital and Spark Connect.

Broker Consensus : Not covered by a major broker

VOC – Vocus Group Limited

VOC is on the move up off a higher low as buyers defend higher levels and ready to push out of the long term base. We are happy to buy on a push up through 3.45 and hold the stop loss at 3.10. If price falls below 3.10 prior to entry, then we will cancel the entry alert and re-assess the action.

Stock Code : VOC – Vocus Group Limited

Company Website : www.vocusgroup.com.au

Current Price : 3.425

New Buy Entry (Trigger Level) : 3.45

Potential Sell Exit Zone (Stop Loss) : 3.10

Status : On watch for buy entry trigger