Potential Buy Entry Alert BKL

Time Frame : Daily/Weekly

Key Stats : $2.34 Billion Market Cap, Div Yield 2.11% and PE Ratio of 36.5, VWAP 136.757.

BKL – Blackmores Limited

BKL has been nice to us recently and now looks set to perform again. The price action has recently corrected off the highs around 155.00 to clear out alot of the late buyers. We are now watching for a higher low to build an entry setup as price is in a prime position for a new move up to highs around 175.00.

Stock Code : BKL – Blackmores Limited

Company Website : www.blackmores.com.au

Current Price : 138.45

Status : On watch for buy entry trigger