SM1 opened strong so have locked in some very handy gains and raised remaining risk

Current Active Alert Management SM1

 

SM1 – Synlait Milk Limited

SM1 opened strong up at the 9.00 level after a positive news release stacked up the buyers. We managed to take a partial exit at the open price of 8.99 and are now happy to raise the risk level to 7.40 to lock in further gains. Watching now if the buyers can continue to drive price higher over the next few days.

 

Stock Code : SM1 – Synlait Milk Limited

Company Website : www.synlait.com

Current Price : 8.75

Previous Buy Entry (Trigger Level) : 7.14

New Sell Exit Zone (Stop Loss) : 7.40

Previous 50% Partial Exit (Target) : 8.99

Status : On watch for continuation

 

 

Previous Alert 14/3/18

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