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TAjames
Oct 7, 2020 3:04 AM

Pointsbet holdings could be due for a rerate Long

POINTSBET HOLDINGS LIMITEDASX

Description

Doesnt matter how you look at it, it recently bounced on long term resistance. Could see a move in the next couple of days. Currently dont hold but will look to buy if it breaks to the upside. Buying price at 11 with a stop loss of 10.50. If it drops lower, purchase price 10.50 with a stop loss at 10. Lets see how the next 2 days play out
Comments
anniegirl
Good time to buy now you reckon? Seems it broke to the upside, yea?
TAjames
@anniegirl, there is a rising trendline that its respected since breakout... if you were to buy now, set a stop loss at 11.45. (trendline is at 11.50) up to you where you put your stop loss, but id recommend to watch it close so it respects the trend.
anniegirl
@tradiejames, My plan exactly! Thanks for sharing - good work :)
TAjames
@anniegirl no worries, best of luck :)
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