Price powers higher as buyers come into the action with volume

Current Active Alert Management BWX

Time Frame : Daily

Sector : Consumer Defensive

Broker Consensus : HOLD

BWX – BWX Limited

BWX has powered on higher today after the entry triggered the previous session. Price is looking strong as the buyers are coming in with good volume. Watching now for the opportunity to lock away some gains on the spike higher. Happy to raise the risk level and move the stop loss up to 3.38 from 3.34.

Stock Code : BWX – BWX Limited

Company Website : www.bwxltd.com

Current Price : 3.98

Previous Buy Entry (Trigger Level) : 3.71

New Sell Exit Zone (Stop Loss) : 3.38

Status : On watch for Continuation higher and partial exit opportunity

Alert History

Previous Alert 26/09/19

BWX has opened stronger to trigger the BUY Entry Level at 3.71 so the alert is now active. The Stop Loss is held at 3.34 and the current price is trading at 3.79.

Original Buy Entry Alert 19/09/19

New Buy Entry Alert BWX

Time Frame : Daily

Sector : Consumer Defensive

Key Stats : $439.85 Million Market Cap, VWAP 3.662, ASX Ranking 390, 4 Week Av Turnover $2,694,195, Current Turnover (Intraday as at time of alert) $1,263,120, PE 46.0, Div Yield 1.95%.

Company Overview : BWX Limited (BWX) is a developer, manufacturer distributor and marketer of branded skin and hair care products with an emphasis on the natural segment of the beauty and personal care market. The company owns, produces and distributes under the Sukin, Derma Sukin, USpa, Andalou Naturals, Mineral Fusion and Nourished Life brands.

Broker Consensus : HOLD

BWX – BWX Limited

BWX is on the move up as buyers soak up the selling pressure at higher levels. We are happy to buy on a push up through 3.71 and hold the stop loss at 3.34. If price falls down through 3.34 prior to entry then we will cancel the alert and re-assess the action.

Stock Code : BWX – BWX Limited

Company Website : www.bwxltd.com

Current Price : 3.685

New Buy Entry (Trigger Level) : 3.71

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 3.34

Status : On watch for Buy Entry Trigger