Time to tighten the risk on the remaining position as things look shaky

Current Active Alert Management MSB

Time Frame : Daily/Weekly

Broker Consensus : BUY

MSB – Mesoblast Limited

MSB is struggling to push through the 2.20 zone as we see recent buyers starting to lock away some gains. We recently locked away some gains at 2.15 and are now happy to tighten the remaining stop loss to 2.00 from 1.90 below the higher low.

Stock Code : MSB – Mesoblast Limited

Company Website : www.mesoblast.com

Current Price : 2.12

Previous Buy Entry (Trigger Level) : 1.92

New Sell Exit Zone (Stop Loss) : 2.00

Previous 50% Partial Exit (Partial Target) : 2.15

Status : On watch for Continuation higher

Alert History

Previous Alert 24/12/19

Current Active Alert Management MSB

Time Frame : Daily/Weekly

Broker Consensus : BUY

MSB – Mesoblast Limited

MSB is grinding higher into previous highs and holding minor higher levels. We are happy to tighten up the risk level and move the stop loss up to 1.90 from 1.81. Also looking for a partial exit at 2.15 on a push up into previous highs where we would expect a reaction from the sellers.

Stock Code : MSB – Mesoblast Limited

Company Website : www.mesoblast.com

Current Price : 2.05

Previous Buy Entry (Trigger Level) : 1.92

New Sell Exit Zone (Stop Loss) : 1.90

New 50% Partial Exit (Partial Target) : 2.15

Status : On watch for Continuation higher and partial exit

Previous Alert 17/12/19

Current Active Alert Management MSB

Time Frame : Daily/Weekly

Sector : Pharmaceuticals, Biotech and Life Sciences/Healthcare

Broker Consensus : BUY

MSB – Mesoblast Limited

MSB has kicked on today after a positive news release on its phase 3 trial results of Revascor in advanced chronic heart failure. We expect this will be bullish for price and supportive of buyers so will be looking for a move up to the highs around 2.20. Happy to tighten up the risk level and move the stop loss up to 1.81 from 1.76.

Stock Code : MSB – Mesoblast Limited

Company Website : www.mesoblast.com

Current Price : 2.02

Previous Buy Entry (Trigger Level) : 1.92

New Sell Exit Zone (Stop Loss/Cancel Level) : 1.81

Status : On watch for continuation higher

Previous Alert 6/12/19

Buyers push price higher after the open on MSB to trigger the Buy Entry Level at 1.92 so the alert is now active. The Stop Loss is held at 1.76 and the current price is trading at 1.885.

Original Buy Entry Alert 5/12/19

New Buy Entry Alert MSB

Time Frame : Daily/Weekly

Sector : Pharmaceuticals, Biotech and Life Sciences/Healthcare

Key Stats : $971.39 Million Market Cap, VWAP 1.87, ASX Ranking 258, 4 Week Av Turnover $3,549,589, Current Turnover (Intraday as at time of alert) $1,268,957 (as at 10:52am).

Company Overview : Mesoblast Limited (MSB) is an Australian company engaging in the development of biologic products for regenerative medicine. The key focus is on research and development of adult Mesenchymal Precursor Cells (MPCs), Mesenchymal Stem Cells (MSCs), Dental Pulp cells and Adipose cells. Its intellectual property covers applications in key markets including the United States, Europe, Japan and China.

Broker Consensus : BUY

MSB – Mesoblast Limited

MSB is set to break to new highs after some time spent consolidating a major higher low. We are now happy to buy on a push up through 1.92 with a Stop Loss at 1.76. If price falls below 1.76 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : MSB – Mesoblast Limited

Company Website : www.mesoblast.com

Current Price : 1.885

New Potential Buy Entry (Trigger Level) : 1.92

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 1.76

Status : On watch for Buy Entry Trigger