PLY Structure buy, Profit StoppedPrice made it to the Median line (Andrew’s 101). This is the logical profit target for a 3RR trade.
As the price target was above the prior minor high, I thought to give it some room in case we can see some strength in the break out.
The zoom bar looked good, and had the makings of a High Tight Flag
0.020AUD
−6.97 MAUD
38.45 MAUD
179.68 M
About PLAYSIDE STUDIOS LIMITED
Sector
Industry
CEO
Gerry Sakkas
Website
Headquarters
Port Melbourne
Founded
2011
ISIN
AU0000120636
FIGI
BBG00YC8BNV7
PlaySide Studios Ltd. engages in the development of video games. It offers mobile, virtual, augmented reality, and computer games. The company was founded by Gerry Sakkas and Mark James Goulopoulos in 2011 and is headquartered in Port Melbourne, Australia.
PLY Structure buy, Andrews managementPrice provides a horizontal base which gets tested and holds around 0.77 provides an entry. A few weeks of chop before buyers start to show up. As we haven't been able to break support, then price can only either go up, or go sideways. The zoom of the previous high, and ML should now see them both r
PLY possible breakout - big run up, now consolidating.
- forming higher lows
- strong relative to XJO/XSO recently
Options:
1. Buy on confirmation of break upper trendline (second candle closing above opening candle on 15 or 60min chart)
- stop-loss lows of the breakout day.
- sell some into strength (day 2-3) and trail
PLY - Could be a Range Bound TradePLY seems to be moving in a range at the moment, and current price action shows that it has got bullish at the lower edge of the range and expected to move up towards the higher edge of the range. My trade plan is given belwo:
TP - $0.460 (potential gain 22%)
Stoploss - $0.320
Please note these ar
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Frequently Asked Questions
The current price of PLY is 0.805 AUD — it has decreased by 6.40% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange PLAYSIDE STUDIOS LIMITED stocks are traded under the ticker PLY.
PLAYSIDE STUDIOS LIMITED is going to release the next earnings report on Aug 23, 2024. Keep track of upcoming events with our Earnings Calendar.
PLY stock is 7.50% volatile and has beta coefficient of 1.47. Check out the list of the most volatile stocks — is PLAYSIDE STUDIOS LIMITED there?
One year price forecast for PLAYSIDE STUDIOS LIMITED has a max estimate of 0.950 AUD and a min estimate of 0.900 AUD.
PLY earnings for the last quarter are −0.01 AUD per share, whereas the estimation was −0.01 AUD resulting in a −118.59% surprise. The estimated earnings for the next quarter are −0.01 AUD per share. See more details about PLAYSIDE STUDIOS LIMITED earnings.
PLAYSIDE STUDIOS LIMITED revenue for the last quarter amounts to 21.90 M AUD despite the estimated figure of 21.95 M AUD. In the next quarter revenue is expected to reach 36.00 M AUD.
Yes, you can track PLAYSIDE STUDIOS LIMITED financials in yearly and quarterly reports right on TradingView.
PLY stock has fallen by 11.05% compared to the previous week, the month change is a 8.52% fall, over the last year PLAYSIDE STUDIOS LIMITED has showed a 147.69% increase.
PLY net income for the last quarter is 8.97 M AUD, while the quarter before that showed −1.48 M AUD of net income which accounts for 705.33% change. Track more PLAYSIDE STUDIOS LIMITED financial stats to get the full picture.
Today PLAYSIDE STUDIOS LIMITED has the market capitalization of 351.44 M, it has decreased by 7.57% over the last week.
No, PLY doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, PLY shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PLAYSIDE STUDIOS LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PLAYSIDE STUDIOS LIMITED technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PLAYSIDE STUDIOS LIMITED stock shows the buy signal. See more of PLAYSIDE STUDIOS LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on PLAYSIDE STUDIOS LIMITED future price: according to them, PLY price has a max estimate of 0.95 AUD and a min estimate of 0.90 AUD. Read a more detailed PLAYSIDE STUDIOS LIMITED forecast: see what analysts think of PLAYSIDE STUDIOS LIMITED and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PLAYSIDE STUDIOS LIMITED EBITDA is 12.70 M AUD, and current EBITDA margin is −5.18%. See more stats in PLAYSIDE STUDIOS LIMITED financial statements.