ASX - PPE PEOPLE INFRASTRUCTURE LTD - Hitting All Time Highs
People Infrastructure Ltd. engages in the provision of investment services. The company was founded by Declan Sherman and Tom Reardon in October 1996 and is headquartered in Albion, Australia.
www.peoplein.com.au/
Position taken
Bought $4.58
Stop $4.25 (~2x ATR)
Portfolio risk at stop ~0.5%
Manage stops until I can put a 20% Trail on it and see what becomes of it.
Hitting ATH
Above average volume although <500K
Positive EBITDA and EPS
SMA 20/50/100 past month
OBV Rising since Earnings
www.peoplein.com.au/
Position taken
Bought $4.58
Stop $4.25 (~2x ATR)
Portfolio risk at stop ~0.5%
Manage stops until I can put a 20% Trail on it and see what becomes of it.
Hitting ATH
Above average volume although <500K
Positive EBITDA and EPS
SMA 20/50/100 past month
OBV Rising since Earnings
Trade chiuso: stop raggiunto:
Got stopped out around 4.20
In hindsight probably should look to use a larger ATR multiple, e.g. 3 or 4.
In hindsight probably should look to use a larger ATR multiple, e.g. 3 or 4.