TradingView
zAngus
Apr 17, 2019 5:18 AM

$CCP - CREDIT CORP - Retesting Resistance Long

CREDIT CORP GROUP LIMITEDASX

Description

CCP - CREDIT CORP - Retesting Resistance

Having a third crack at the $24 mark. Could be worth a look if it breaks.

About Credit Corp

Credit Corp Group Limited is an Australia-based company engaged in providing financial solutions. The Company is engaged in debt purchase, collection, as well as consumer lending. The Company's segments include Debt ledger purchasing and consumer lending. Its Debt ledger purchasing segment is engaged in purchasing consumer debts at discount to their face value from credit providers with the objective of recovering amounts in excess of the purchase price over the collection life cycle of the receivables. The Consumer lending business offers various financial products to credit-impaired consumers. In its debt purchasing business, it acquires past due consumer debts from the Australian and New Zealand banks, financial services utility and telecommunication providers. The Company's products include Wallet Wizard, CarStart Finance, ClearCash, Credit 2U and Trove Capital. CarStart Finance is a specialist financial service provider for the consumers seeking to purchase and finance a car.

Comment

Nice 20% gain so far.

Comment

Almost 50% gain so far since spotted and pushing that $35 mark hard with a bolly breakout.

Comment

Up and pushing $37. Have set an alert on the RSI for when it crosses back under 70 to look for a possible to up. Overcooked for now if you dont already hold.

Comments
rutt
Nice analysis !!!! worked out perfect. Good one m8.
zAngus
@rutt, Got to get lucky every now and again ;)
More