Don't jump!I'm not certain the 'retail peasant' can short this but ye.. eish!
Either way, nice entry point?
I feel the Snoop dog song "drop it like its hot" is highly appropriate.
PPE
Purple Group looking red to 125cRectangle box has formed and the price has broken below the support.
Moving averages - 200>21> 7 - Bearish
RSI<50 <30 - Bearish
Target 125c
FACTS
Limited is a financial services and technology group incorporated in South Africa, offering online trading, investing, asset management.
A couple of famous brands include Easy Equities, Easy Properties, Easy Cryptos, Easy ETFs, GT247 etc..
Short
Long
PPE.ASX_LongENTRY: 3.65
TP1: 3.9
TP2: 4.1
SL: 3.2
- ADX>25
- RSI>65
- MAs are aligned
- Break up with decent volume
Long
Possible rocket ride incoming*** Long but not quite yet. Read the notes below. Watch this one very closely over the next few days.
COVID Play - This company produces PPE supplies.
COVID numbers should be climbing, regardless of vaccine progress, there will be demand for PPE.
Almost ready for a long.
If this count is right then short term it has one more visit of the 9.06 - 10.54 area.
If my count is wrong and breaks the current downtrend resistance from 11/05 then we head higher from here.
Note the strong rejection higher
Long
Trump wears mask = APT $20-25Bullish even though we havent consolidated for so long, but Trump wore a mask so we should go up!
Long
FGR - POSITIVE NEWS INBOUND?First Graphene Limited - Currently in a trading halt, and coming into the new week with positive news could see them break this descending triangle and break the 12 month downtrend.
1. More positive news out of the trading halt will see buyer momentum and volume return to the market.
-Increased Volume & Momentum
-Double Bottom off .382 Fibs (Strong reversal)
-Break Descending Triangle & Test Descending Broadening Wedge
-MACD close to a Golden Cross
-Potential 20% push pending break Broadening
HLTH.C - Potential bottom reversal; medical PPE supplierThe stock hit oversold area on Thursday then bounced off the bottom (.11) for the first green close in the last 10 trading days. Doji, followed by another green candle confirming reversal and a bullish MACD cross. I also noticed seasonality to the chart. It ran up hard in April 2019 and in April 2020. Also around July 2019. Note: this is a highly speculative stock/sector and a stop-loss is a good idea IMO.
H
People Infrastructure Ltd: PPE.AXWatchlist
Price beginning to tighten up
Triangle pattern forming
Waiting for the break the pattern
Looking at around the $2.20 level
Long
Long
Long