Trade Management

Current Open Alert


SHL – Sonic Healthcare Limited

Stock : SHL – Sonic Healthcare Limited

Current Price : 24.32

Previous Buy Entry (Trigger Level) : 22.84

Previous Partial Exit Zone (Target) : 23.90

New Remaining Sell Exit ZoneĀ (Stop Loss) : 23.60

Status : On watch for Continuation Higher

SHL has kicked back up to break through recent highs at 24.36. We have previously locked in some gains and now are happy to raise the risk level to 23.90 to lock in further gains on the remaining. We see the potential for SHL to accelerate higher as the weekly price structure looks strong so we will watch for further opportunities to lock in more gains as we go.



Stock : SHL – Sonic Healthcare Limited

Current Price : 22.63

New Buy Entry (Trigger Level) : 22.80

Potential Sell Exit Zone (Stop Loss) : 22.20

Status : On watch for Buy Entry Trigger

SHL has great price structure and is in prime position to make a run for the highs. Price recently pushed through resistance at 22.40 up to 23.72 and then sellers have pushed price back down to the breakout zone. We can see that it has taken a bit of effort from the sellers to get price down which has been soaked up by buyers at a potential higher low. Watching now for continuation higher through 22.80. If price pushes lower through 22.20 prior to entry then we will re-assess the price action.