TRADESETUP

June 12, 2019

Remaining Stop Loss Triggered and final gains locked away

View All TradeAlerts

RHC pushed lower into the close to trigger the Stop Loss Level at 71.20 so the alert is now closed and final gains locked away.

Alert History

Previous Alert 12/06/19

RHC keeps pushing higher so happy to tighten the remaining Stop Loss to 71.20 from 69.95.

Previous Alert 11/06/19

Current Active Alert Management RHC

Time Frame : Daily/Weekly

Sector : Software and Services

RHC – Ramsay Health Care Limited

RHC continues to march higher as the bulls are well an truly in control. We are happy now to raise the risk and move the remaining stop loss to 69.98 from 68.50 to lock in further gains.

Stock Code : RHC – Ramsay Health Care Limited

Company Website : www.ramsayhealth.com.au

Current Price : 71.84

Previous Buy Entry (Trigger Level) : 67.50

New Remaining Sell Exit Zone (Stop Loss) : 69.95

Previous 50% Partial Exit (Partial Target) : 69.98

Status : On watch for continuation higher

Previous Alert 5/06/19

Current Active Alert Management RHC

Time Frame : Daily/Weekly

Sector : Software and Services

RHC – Ramsay Health Care Limited

RHC continues to chop around the highs but we are seeing the lows rejected which is a good sign of consolidation and another potential leg higher. We are happy to raise the risk level and move the stop loss up to 68.50. See if price can squeeze up to 71.00 and bring in some fresh buying pressure.

Stock Code : RHC – Ramsay Health Care Limited

Company Website : www.ramsayhealth.com.au

Current Price : 69.605

Previous Potential Buy Entry (Trigger Level) : 67.50

New Sell Exit Zone (Stop Loss) : 68.50

Previous 50% Partial Exit (Partial Target) : 69.98

Status : On watch for continuation higher through 71.00

Previous Alert 31/05/19

Happy to move the partial exit level down on RHC to 69.95 from 70.95 and lock away some gains into the weekend. The Stop Loss will stay at 68.00.

Previous Alert 24/05/19

Current Active Alert Management RHC

Time Frame : Daily/Weekly

Sector : Software and Services

RHC – Ramsay Health Care Limited

RHC continues to push higher putting pressure on the sellers which is a good sign considering the ASX200 is down today. We are happy to raise the risk level and move the stop loss up to 68.00 just to lock in a small gain below the higher low. See if price can squeeze up to resistance at 71.00 so we can lock in a partial exit.

Stock Code : RHC – Ramsay Health Care Limited

Company Website : www.ramsayhealth.com.au

Current Price : 69.98

Previous Potential Buy Entry (Trigger Level) : 67.50

New Sell Exit Zone (Stop Loss) : 68.00

Potential 50% Partial Exit (Partial Target) : 70.95

Status : On watch for continuation higher

Previous Alert 22/05/19

Current Active Alert Management RHC

Time Frame : Daily/Weekly

Sector : Software and Services

Key Stats : $12.97 Billion Market Cap, VWAP 64.771, ASX Ranking 33, 4 Week Av Turnover $18,590,338, Current Turnover (Intraday as at time of alert) $7,819,171, PE 32.3, Div Yield 2.28%.

Company Overview : Ramsay Health Care Limited (RHC) is a global hospital group that operates 221 hospitals and 14 day surgery centres, treatment facilities, rehabilitation and psychiatric units and a nursing college across Australia, United Kingdom, France, Indonesia, Malaysia and Italy. Ramsay Health Care facilities cater for a range of health care needs from day surgery procedures to complex surgery, as well as psychiatric care and rehabilitation.

Broker Consensus : BUY/HOLD

RHC – Ramsay Health Care Limited

RHC kicked off with a gap up on Monday but continued to test the highs in a show of strength. We see the potential for a squeeze up to resistance at 71.00 so will be looking to take a partial exit at 70.95 and lock in some gains. Also, happy to tighten up the risk to 66.90.

Stock Code : RHC – Ramsay Health Care Limited

Company Website : www.ramsayhealth.com.au

Current Price : 69.23

Previous Potential Buy Entry (Trigger Level) : 67.50

New Sell Exit Zone (Stop Loss) : 66.90

Potential 50% Partial Exit (Partial Target) : 70.95

Status : On watch for continuation higher

Previous Alert 20/05/19

Price opens strong to trigger the Buy Entry Level on RHC at 67.50 so the alert is now active. The Stop Loss is held at 62.50 and the current action is trading at 69.00.

Original Alert 17/05/19

New Buy Entry Alert RHC

Time Frame : Daily/Weekly

Sector : Software and Services

Key Stats : $12.97 Billion Market Cap, VWAP 64.771, ASX Ranking 33, 4 Week Av Turnover $18,590,338, Current Turnover (Intraday as at time of alert) $7,819,171, PE 32.3, Div Yield 2.28%.

Company Overview : Ramsay Health Care Limited (RHC) is a global hospital group that operates 221 hospitals and 14 day surgery centres, treatment facilities, rehabilitation and psychiatric units and a nursing college across Australia, United Kingdom, France, Indonesia, Malaysia and Italy. Ramsay Health Care facilities cater for a range of health care needs from day surgery procedures to complex surgery, as well as psychiatric care and rehabilitation.

Broker Consensus : BUY/HOLD

RHC – Ramsay Health Care Limited

RHC is holding higher levels as buyers step up the pressure. Price has lifted along with the ASX since the start of the year and has spent the last few months consolidating the highs above 62.50. We are looking to get involved in a new leg higher for continuation up to 70.00 and higher. We are happy to buy on a push up through 65.10 and will hold a stop loss at 62.50. If price pushes down through 62.50 prior to entry, then happy to cancel the alert and re-assess the action.

Stock Code : RHC – Ramsay Health Care Limited

Company Website : www.ramsayhealth.com.au

Current Price : 64.50

New Potential Buy Entry (Trigger Level) : 65.10

Potential Sell Exit Zone (Stop Loss) : 62.50

Status : On watch for buy entry trigger

Related Alerts

You may also like these. If not, just go back to the overview:

Overview