TAjames

Further Analysis on PBH and bounce potential.

Long
ASX:PBH   POINTSBET HOLDINGS LIMITED
Long term support/resistance line, came up in my radar and swooped on it given the low risk entry involved. I dont want to see it break below $13 again, however, a stop loss at $12 takes away any major loss potential.

Comments

What are thoughts with current price action?
Reply
TAjames rhen2936
@rhen2936 needs a few strong days for further entry. Hopefully bounces kn trendline if it gets there
+1 Reply
TAjames rhen2936
@rhen2936 good entry point atm, stop loss at recent low, but looks like short term break of trend happening.. hopefully a follow through and consolidation at 13.50
+1 Reply
rhen2936 TAjames
@TAjames, agreed. Broken out of falling wedge. I added to my long term position this morning
Reply
TAjames rhen2936
@rhen2936, nice. Fingers crossed for a good consolidation tomorrow.
+1 Reply
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