Price is holding onto recent gains as buyers show strength

Potential Buy Entry Alert to Watch BLD

Time Frame : Daily

Sector : Materials/Basic Materials

Key Stats : $6.05 Billion Market Cap, VWAP 5.155, ASX Ranking 71, 4 Week Av Turnover $28,008,026, Current Turnover (Intraday as at time of alert) $, PE 12.0, Div Yield 5.23%.

Company Overview : Boral Limited (BLD) is an international building and construction materials company headquartered in Sydney, Australia. Boral’s core businesses are Cement and Constructions Materials in Australia, Plasterboard in Australia and Asia, and Bricks and Roof tiles in Australia and USA.

Broker Consensus : BUY

BLD – Boral Limited

BLD has recently found some buyers to push price up of the lows as we see a housing friendly government in charge. We see the potential for price tio hold a higher low and build for a move through 6.00 and potentially higher. We now want to see some volume come into the action on a higher low to give us some confirmation.

Stock Code : BLD – Boral Limited

Company Website : www.boral.com

Current Price : 5.17

Status : On watch for potential higher low around 5.00