Price is back on the move up after partial profits were locked away

Current Active Alert Management TER

 

TER – TerraCom Limited

TER is on the move higher after a partial exit was locked away. We are happy to tighten the risk level up and move the stop loss to 0.51. Time to sit back and watch the action play out looking to new highs on the back of strong weekly chart action.

 

Stock Code : TER – TerraCom Limited

Company Website : www.terracomresources.com

Current Price : 0.605

Previous Buy Entry Level (Trigger Level) : 0.52

New Sell Exit Zone (Stop Loss) : 0.51

Previous 50% Partial Exit Zone (Target) : 0.59

Status : On watch for continuation higher

 

 


Previous Alert 4/9/18

Move partial exit to 0.59 at current market (from 0.58 and 0.65)

Remaining Stop Loss held at 0.48

 


Previous Alert 30/8/18

Current Active Alert Management TER

 

TER – TerraCom Limited

TER has kicked on strong so now time to look to lock in some gains. We are happy to take a partial on a push up through 0.65 or at 0.58 if price falls. The remaining stop loss will be held at 0.48 to give the price some room to continue the trend up.

 

Stock Code : TER – TerraCom Limited

Company Website : www.terracomresources.com

Current Price : 0.605

Previous Buy Entry Level (Trigger Level) : 0.52

Sell Exit Zone (Stop Loss) : 0.48

Potential 50% Partial Exit Zone (Target) : 0.58 or 0.65 (one cancels the other)

Status : On watch for continuation higher and partial exit

 

 


Original Alert 17/8/18

New Buy Entry Alert TER

 

Time Frame : Daily/Weekly

Sector : Energy/Basic Materials

Key Stats : $179.83 Million Market Cap, VWAP 0.485, ASX Ranking 594, 4 Week Av Turnover $243,904.

Company Overview : TerraCom Limited (TER, formerly Guildford Coal Limited) is a new miner with a portfolio of projects in the coal bearing regions of Mongolia, Central Asia and Queensland, Australia. TerraCom’s subsidiary in Mongolia, Terra Energy, has 2 projects located in the coal bearing regions of the South Gobi and Middle Gobi.

Broker Consensus : None

 

TER – TerraCom Limited

TER is on the way up as buyers step in at higher levels. We are happy to buy on a push up through 0.52 and will hold the stop loss at 0.44. If price pushes down through 0.44 prior to entry then we will cancel the entry and re-assess the action.

 

Stock Code : TER – TerraCom Limited

Company Website : www.terracomresources.com

Current Price : 0.495

New Buy Entry Level (Trigger Level) : 0.52

Potential Sell Exit Zone (Stop Loss) : 0.44

Status : On watch for a buy entry trigger