Price is still strong as buyers remain in control

Current Active Alert Management XRO

 

XRO – Xero Limited

XRO continues to push higher as buyers remain in control. We are happy to tighten the risk level up and move the remaining stop loss up to 49.00 as price is running out of steam. We will watch to see how this plays out.

 

Stock Code : XRO – Xero Limited

Company Website : www.xero.com

Current Price : 51.60

Previous Buy Entry (Trigger Level) : 45.80

New Remaining Sell Exit Zone (Stop Loss) : 49.00

Previous 50% Partial Exit (Target) : 49.70

Status : On watch for continuation higher

 

 


Previous Alert 21/8/18

Current Active Alert Management XRO

 

XRO – Xero Limited

XRO continues to look good as price bucks the trend to day and heads higher in a show of strength. We are happy now to lock in a partial exit at 49.70 and raise the stop loss level to 46.00 for a free trade. Time to sit back and watch the action.

 

Stock Code : XRO – Xero Limited

Company Website : www.xero.com

Current Price : 48.90

Previous Buy Entry (Trigger Level) : 45.80

New Sell Exit Zone (Stop Loss) : 46.00

Potential 50% Partial Exit (Target) : 49.70

Status : On watch for continuation higher

 

 


Original Alert 10/8/18

New Buy Entry Alert XRO

 

Time Frame : Daily

Sector : Software and Services/Technology

Key Stats : $6.24 Billion Market Cap, VWAP 44.633, ASX Ranking 73, 4 Week Av Turnover $21,859,202.

Company Overview : Xero Limited (XRO) provides a platform for online accounting and business services to small businesses. XRO delivers application software for small business owner and accountants & bookkeepers. XRO has offices in New Zealand, Australia adding 194,000 new subscribers in 2017,United Kingdom growing 212,000 subscribers in the current year and America which grew to 92,000 subscribers in 2017.

Broker Consensus : None

 

XRO – Xero Limited

XRO is in a strong uptrend which is showing no sign of slowing down. We are happy to buy on a push up through 45.80 and will hold the stop loss level at 42.00. If price falls below 42.00 prior to entry then we will cancel the alert and re-assess the alert.

 

Stock Code : XRO – Xero Limited

Company Website : www.xero.com

Current Price : 44.80

New Buy Entry (Trigger Level) : 45.80

Potential Sell Exit Zone (Stop Loss) : 42.00

Status : On watch for a buy entry trigger