Stop Loss

Cleanaway Waste Management Limited

February 11, 2020 - 2 weeks ago
Share on twitter
Share on facebook
Share on linkedin
Share on email
Action Sell
Term 15 Days
Called At $1.94
Target $1.80
Current Price N/A
Performance -5.00%

Technical outlook – Traders/investors scan many fields of technical indicators to assess potential trades for profitable returns.

This year, in early January, Cleanaway Waste Management Limited (CWY) staged an active attempt at $2.20 and failed.

At present, it is unlikely that this share will inspire any bullish activity due to the $2.20 rejection.

Looking ahead, we feel there are better levels (opportunities) in entering this share.

As we complete our analysis, we expect traders/investors will likely opt-in to lower levels from $1.80-82, with the potential retracement (rebound) to follow.

Company Overview – Cleanaway Waste Management Limited (CWY) is a provider of waste management services in Australia, with operations in both solid and liquid waste.

The Group comprises three operating segments being Solid Waste Services, Liquid Waste and Industrial Services, and Toxfree. Former Names: Transpacific Industries Group Ltd (TPI), 29/01/2016.

Share on twitter
Share on facebook
Share on linkedin
Share on email

Leave a Reply

Close Menu