SSM is on the move so next step is a partial exit

Trade Management

Current Open Alert

 

SSM – Service Stream Limited

Stock : SSM – Service Stream Limited

Current Price : 1.425

Previous Buy Entry (Trigger Level) : 1.37

New Sell Exit Zone (Stop Loss) : 1.34

Status : On watch for continuation

SSM has kicked higher today and is holding highs above 1.40. We see a minor higher low building and will be confirmed with a push up through 1.44. If this plays out then we will be on close watch for a potential 50% partial exit. Watching now how price reacts at new highs and for evidence of further strong buying.

 

ORIGINAL ALERT 1/8/17

Stock : SSM – Service Stream Limited

Current Price : 1.36

New Buy Entry (Trigger Level) : 1.37

Potential Sell Exit Zone (Stop Loss) : 1.30

Status : On watch for buy entry trigger

SSM is hold a higher low and looks ready to break top new highs. We are now happy to buy at 1.37 if triggered and hold risk at 1.30 as price action has held the higher low at 1.31. We will watch how price reacts around the highs at 1.45 but we are expecting a strong move higher.