XRO Stop Loss has been triggered at 29.75 so the alert is now closed

Previous Alert 23/1/18

XRO – Xero Limited

XRO has pulled back after locking in a partial exit and now looks to be building again as buyers step back in to the action. We are happy now to raise the remaining risk level to 29.75 to lock in some further gains. Time to sit back and watch to see if price can kick up through the highs.

 

Stock Code : XRO – Xero Limited

Company Website : www.xero.com

Current Price : 30.44

Previous Buy Entry (Trigger Level) : 29.26

New Sell Exit Zone (Stop Loss) : 29.75

Previous 50% Partial Exit Level (Target) : 30.50

Status : On watch for continuation higher

 

 

Previous Alert 16/1/18

XRO – Xero Limited

XRO is grinding higher as we want but lacking conviction from the buyers that we would like to see. We are taking the opportunity to lock in some gains at 30.50 for a partial exit and are happy to raise the risk to 29.50 for the stop loss.

 

Stock Code : XRO – Xero Limited

Company Website : www.xero.com

Current Price : 30.30

Previous Buy Entry (Trigger Level) : 29.26

New Sell Exit Zone (Stop Loss) : 29.50

Potential 50% Partial Exit Level (Target) : 30.50

Status : On watch for buy entry trigger

 

Original Alert 5/1/18

XRO – Xero Limited

XRO has spent some time squeezing out some late buyers and is now building for a new leg higher. We are happy to enter on a push up through 29.26 and hold the stop loss level at 27.90. If price pushes below 27.90 prior to entry then we will re-assess the alert.

 

Stock Code : XRO – Xero Limited

Company Website : www.xero.com

Current Price : 28.77

New Buy Entry (Trigger Level) : 29.26

Potential Sell Exit Zone (Stop Loss) : 27.90

Status : On watch for buy entry trigger