Sellers pile in on the open as the ASX200 falls apart on virus concern

APL did not play ball and was sold lower from the entry getting hit on the open today to trigger the Stop Loss Level at 1.03 so the alert in now closed.

Alert History

Previous Alert 20/01/20

APL pushed higher to trigger the Buy Entry Level at 1.065 so the alert is now active. The Stop Loss is held at 1.03 and the current market is at 1.06.

Original Buy Entry Alert 16/01/20

New Buy Entry Alert APL

Time Frame : Daily

Sector : Diversified Financials/Financial Services

Key Stats : $568.61 Million Market Cap, VWAP 1.045, ASX Ranking 364, 4 Week Av Turnover $497,164, Current Turnover Intraday $511,993 (1:56pm AEDT).

Company Overview : Antipodes Global Investment Company Limited (APL) offers investors access to a long short global securities investment portfolio with a currency overlay. Antipodes Partners Limited (the Manager) as the investment manager of the Companys portfolio.

Broker Consensus : Not covered by a major broker

APL – Antipodes Global Investment Company Limited

APL is ready to fire and lift price towards previous highs. We are now happy to buy on a push up through 1.065 with a Stop Loss at 1.03. If price falls below 1.065 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : APL – Antipodes Global Investment Company Limited

Company Website : www.antipodespartners.com.au

Current Price : 1.055

New Potential Buy Entry (Trigger Level) : 1.065

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 1.03

Status : On watch for Buy Entry Trigger