Current Active Alert Management SM1

 

SM1 – Synlait Milk Limited

SM1 kicked up nicely yesterday and is continuing the strong move higher today. We are now watching for a partial exit to lock in some gains around 8.20. The buyers are well and truly in control in a market that is weak overall. Watching also for an opportunity to raise the risk level.

 

Stock Code : SM1 – Synlait Milk Limited

Company Website : www.synlait.com

Current Price : 7.69

Previous Buy Entry (Trigger Level) : 7.14

Sell Exit Zone (Stop Loss) : 6.90

Potential 50% Partial Exit (Target) : 8.20

Status : On watch for partial exit

 

 

Original Alert 13/3/18

SM1 – Synlait Milk Limited

SM1 is holding highs around 7.00 and looking to break into new highs as buyers pick up the pressure. We are now watching for a push up through 7.14 for the buy entry trigger and get involved in the action. If price pushes below 6.90 prior to entry, then we will re-assess the alert.

 

Stock Code : SM1 – Synlait Milk Limited

Company Website : www.synlait.com

Current Price : 7.10

New Buy Entry (Trigger Level) : 7.14

Potential Sell Exit Zone (Stop Loss) : 6.90

Status : On watch for buy entry trigger