SKC – Skycity Entertainment Group Limited
Stock : SKC – Skycity Entertainment Group Limited
Current Price : 4.30
Previous Buy Entry Trigger Level : 4.28
New Sell Exit Zone : 4.15
Status : On watch for continuation higher
SKC is grinding higher but building some very nice price structure. We see that higher lows are holding as buyers step into the market so we are watching for acceleration into highs. Happy to tighten up the risk level to 4.15 as sit back and watch for an opportunity to take a partial exit.
ORIGINAL ALERT 30/5/17
Stock : SKC – Skycity Entertainment Group Limited
Current Price : 4.25
New Buy Entry Trigger Level : 4.28
Potential Sell Exit Zone : 4.03
Status : On watch for buy entry trigger level
SKC is looking good as price action holds higher lows. Price has previously held support at 3.40/3.45 with buyer stepping in and then pushed up to break resistance at 3.90. We see that price then held the highs and has built a higher low and is looking to accelerate. If price pushes below 4.05 prior to entry then we will re-assess the price action.
