zAngus

$BKL - BLACKMORES - Showing signs of recovery

Long
ASX:BKL   None
$BKL - BLACKMORES - Showing signs of recovery.

Might be one to add to your watch list. Nice big fat profitable company recovering after an earnings dump. Its finally crossed back above its 20 day moving average which is a good bullish sign if it can stay above it.

It's a company people are used to seeing trade in that $120 per share zone and it has been a $220 stock in its past so buyers wont be worried about seeing it back above that $100 mark.

As always do your own research.

About Blackmores

Blackmores Limited is engaged in the development, sales and marketing of health products for humans and animals, including vitamins, herbal and mineral nutritional supplements. The Company's segments include Australia, China (in-country), Other Asia, BioCeuticals and Other. The Company offers over 250 vitamins, minerals, herbal and nutritional supplements. BioCeuticals is a provider of healthcare practitioner nutritional and therapeutic supplements. Its product categories include pet health; infant formula; superfoods; arthritis, joint, bone and muscle; brain health; cold, flu and immunity; digestive health; energy and exercise; eye health; everyday health; fish and nutritional oils; heart and circulation; men's health; nails, hair and skin; pregnancy and pre-conception; stress relief, and weight management. Its products include Acidophilus Bifidus, Alive! Men's 50+ Multivitamin, Alive! Women's 50+ Multivitamin, Alive! Women's Multivitamin and Bilberry Eyestrain Relief.

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

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