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BGL has struggled to follow Gold prices higher and was pushed lower today to trigger the Stop Loss at 0.57 so the alert is now closed.
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Alert History
Previous Alert 23/06/19
BGL has kicked higher to trigger the buy entry level at 0.66 so the alert is now active. Current price is at 0.665.
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Original Alert 21/05/19
New Buy Entry Alert BGL
Time Frame : Daily
Sector : Materials/Basic Materials
Key Stats : $304.8 Million Market Cap, VWAP 0.64, ASX Ranking 438, 4 Week Av Turnover $644,829, Current Turnover (Intraday as at time of alert) $961,197.
Company Overview : Bellevue Gold Limited (BGL, formerly Draig Resources Limited) holds the Bellevue Gold Project in Western Australia. They majorly extract Gold.
Broker Consensus : Not covered by a major broker
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BGL – Bellevue Gold Limited
BGL had some good news that has seen the buying interest pick up and price hold a higher low. Happy to buy on a push up through 0.66 and will hold the stop loss after entry triggered at 0.57. If price falls down through 0.57 prior to entry then we are happy to cancel the entry and re-assess the action.
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Stock Code : BGL – Bellevue Gold Limited
Company Website : www.bellevuegold.com.au
Current Price : 0.635
New Buy Entry (Trigger Level) : 0.66
Potential Sell Exit Zone (Stop Loss) : 0.57
Status : On watch for Buy Entry Trigger
