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
Trade closed: stop reached
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Got stopped out around 4.20
In hindsight probably should look to use a larger ATR multiple, e.g. 3 or 4.