ASX:PPH 1W - has been in a strong down trend. Last week candle has a long lower shadow (wick) followed by the first strong reversal green candle (this week). Potentially oversold (RSI confirmed) due to recent tech poor sentiment atm. If we continue the rally into 4H - confirms the new uptrend from the bounce off 0.815, higher highs and higher lows. Avg volume...
ENTRY: 1.73 SL: 1.62 TP: 1.92 - ADX>20 - RSI<50,RSI<70 - Daily RS +ve - Daily FFI +ve - Daily MACD +ve - Weekly RS +ve - Weekly FFI +ve - Weekly MACD +ve - Breakout of down trendline and HVN with high volume on 24 Aug 2021. - Retraced with lower volume and tested down trendline a few times. - Breakout of range with high volume today.
The head and shoulders bottom would be complete around 1.71-1.72 unless it hits 1.7 at open. When the target of 1.7 is hit the weekly candle touches the SMA for a potential breakout which would agree with the head and shoulders bottom for a climb. I'm still learning everyday so make your own assessment and judgement before trading.
Gl hf ez cash on this one.
Pushpay is a Churches focused donation management / payment system allowing Churchgoers to donate in the absence of having cash or cheques on them. It has had a nice and steady 40% gain over the last 3 months - one in which a 5% trailing sell would have kept you in the trade. Could be worth a watch. Pushpay Holdings Ltd. engages in the development of platform...
All about Suuport and Resistence Will it break or will it bounce off ? What are Earnings on this ? What are the prospects ? In this Setup i lean towards Hitting Bottom Target Will See
If you look at my related idea, you can see $PPH wicked perfectly off the 50 fib retracement. This is regarded as a 'healthy' pull back. It also wicked into an OB for some liquidity. However, not overly convinced as of yet. Temporarily bullish due to fisher break and RVGI reset. If PPH moves sideways through trend line, builds more volume as support, we could see...