ALUM - Still intact

On the 3rd of November 2016 We discussed on some of the potential counters. The following comment was made on Alumex "Consistent Profit Growth makes this stock attractive. Strong uptrend is evident since March’16.

Buy – 20.60

Short Term Stop – 19.80

Sell – 23.30 (Short Term)

Sell – 25.40 (Within 12 Months)"

With their December Profit Statement was just released we can see the momentum of growth is in tact. The Short and 12 month targets mentioned above, still continues.