ASX - PPE PEOPLE INFRASTRUCTURE LTD - Hitting All Time Highs
Updated
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.
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
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 closed: stop reached
Got stopped out around 4.20In hindsight probably should look to use a larger ATR multiple, e.g. 3 or 4.
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