ASX - PPE PEOPLE INFRASTRUCTURE LTD - Hitting All Time HighsPeople 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.
www.peoplein.com.au
Position taken
Bought $4.58
Stop $4.25 (~2x ATR)
Portfolio risk at stop ~0.5%
Manage
Bullflag on #PPEAs stated in the heading, bullflag on the daily time frame suggesting a breakout to the upside after a period of consolidation.Held support at $3.20 so a stop loss just below would make sense.
Buy Price: $3.36 - Just above the short term resistance of this flag
Stop Loss: $3.20 - Strong level of su
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