SPK ready to kick up out of contraction to attack the highs

Potential Buy Alert

 

SPK – Spark New Zealand Limited

Stock : SPK – Spark New Zealand Limited

Current Price : 3.665

Status : On watch for higher low out of contraction

SPK has just built a higher low at 3.54 as buyers show early signs of taking control. We are now on watch for price to push up out of contraction and then build a higher low for a buy entry setup. We are watching for a move through 3.68 and then its all about the setup.