PPHB trade ideas
PPHB, Uptrend based on AlgoSignal StrategyThe current point exhibits promising upward signals according to my algorithmic system, meeting various criteria. These include rising trading volume, an upward trend indicated by prices above EMA20 and EMA50, and the closing price surpassing VWAP. As a result, the present conditions suggest a potential upward trend.
PPHB VCP SetupPPHB VCP setup since Sep 2022 with below contraction:
C1: -20%
C2: -5%
C3: -7%
Volume seen to enter in 3 phases (Sep, Begin of Nov and End of Nov). Something definitely brewing. MASTER already fly high. Will PPHB follow next? Breakout on 29th Nov and pull back to re-test the previous resistance as support.
My previous VCP setup sharing was SFPTECH. Can refer to the link below.
Disclaimer:
Information presented here is not intended to be used as the sole basis of any investment decisions nor should it be construed as advice designed to meet the investment need of any investor. Trade at your own risk.
TR 331. PPHB Weekly starting to make an uptrend EMA 10 > EMA 30 > EMA 200. Now in Wave 4 and expected to make the reversal on 0.5 Fibo level. Seems like forming cup and handle pattern.
2. Reversal pattern formed at D1 (engulfing), price action slightly above EMA 200.
3. Isaham revenue and profit in uptrend, trailing PE 6.3, WAFV RM1.94.
PPHB consolidation BO possibleAfter sideway for quite sometime, PPHB will be able to close above 1.085 and finally breakout from its 1.250 resistance.
The Current price is actually a good price for entry. A good fundamental counter which can be kept for long term.
Disclaimer: Trade at your own risk.
PPHB - Long Towards 52-Week High
Please consider your own interpretation of Opportunity & Risk:
NO BUY CALLS OR INVESTMENT ADVISED ARE PROVIDED.
DISCLAIMER: This analysis is for reference and learning purposes only. It is based on my personal view in the market from a technical analysis standpoint. None of information posted in this chart can be used as investment decisions or investment advises to any parties. Do not trade solely on the information posted in this page. Trade at your own risk and judgement. A trader could potentially lose all money. Only risk capital that can be lost without jeopardizing ones financial security of lifestyle. Please seek licensed professional guidance if you plan to invest your capital seriously.
PENAFIAN: Analysis ini hanyalah untuk tujuan rujukkan dan pembelajaran sahaja dan bukan cadangan untuk membeli atau menjual stok atau apa jua jenis instrumen kewangan. Anda dinasihatkan untuk menghubungi remieser / dealer / bank pelaburan yang mempunyai lesen atau kelayakan yang sah untuk bertanyakan pendapat dan menguruskan pelaburan anda. Pelaburan dan perdagangan mempunyai risiko tinggi, dan ianya adalah Risiko Anda Sendiri.
#3 PPHB BOD+3M+SNRFUNDAMENTAL ANALYSIS
Sector: Industrial Products & Services
Subsector: Packaging Materials
Business: Packaging, Supply Chain Mgmt
PE: 6.07 -- GOOD
ROE: 8.67 -- NOT BAD
ROE > PE: YES -- GOOD
NTA: 1.320 > price -- GOOD
DY: 0.36 -- MEH
YOY: 0 -- BAD
TECHNICAL ANALYSIS
MA20 touch green candle on 17 June 2020
Stoch RSI oversold & reversed 35%
BOD on 19 June 2020
No. of shares: 188.62m -- Volatile
EP: 695
TP1: 760
TP2: 820
CL: 920
RRR1: 4.33 -- GOOD
RRR2: 8.33 -- GOOD
EASY123 Prediction @MYX PPHBLife is simple...Trade with Simplicity!
*Trend direction: UPTREND - Green background (Higher-High & Higher Low was observed)
*The price has break-up and stand above our lifeline (Redline) on 05-May.
*Bottom signal (Green-upward triangle 19-Mar, followed by Yellow-Diamond "BT" on 23-Mar & 27-May) were sighted on our chart.
*Turning points (Purple-candle) have appeared on 27-Mar, 14-Apr, 22-Apr & 28-May, an indication of the price revert to upward direction.
*The accelerate signal (White-Diamond) was sighted on 27-Mar & 17-Apr, an indication of the strong buying momentum.
*A Yellow-candle + Alert Bell has appeared on 30-Apr & 08-May, an indication of price potentially take-off.
Prediction: The price broke up our lifeline (resistance) on 30-Apr and it pullback supported by our lifeline (Redline) region.
Once it breaks this immediate resistance R0.84 it will take-off to the next level.
*Otherwise, it will hover sideways within a range between 0.84-0.69 within a BOX pattern.
Preference Strategy: Swing trading (Follow the BUY/SELL Signal respectively).
Target Price: R1=0.99-1.03 & R2=1.11-1.18
Support/Cut Loss: S1=0.69 & S2=0.57
*Reminder TP & CL is an individual preference & decision. No fixed rule or guideline for it...Trade at your own risk.
Signal's Interpretation:
BUY Signal:-
*Green-Background = Indication of an Uptrend
*BT-Yellow-Diamond = Indication of Bottom signal.
*Green-Upward-Triangle = Indication of Hot-seller, potentially a Bottom signal.
*White-Diamond = Indication of a strong upward momentum accelerator.
*Purple-Candle = Indication of a strong turning point or a trend reversal.
*Yellow-Candle + Alert-Bell = Indication of Price take-off area.
SELL Signal:-
*Red-Background = Indication of a Downtrend.
*Red-Dot = Indication of Hot-buyer, potentially a Top signal.
*Blue-Candle = Indication of Price selling off area.
PPHB potential to move up! Currently PPHB is on side way low vol consolidation. As you can see the vol start to drop and price with low vol. If the stock price can stand above all the moving average and Fibo 0.382 ( 0.735 ) it will be the best emtry, thanks!
Resistance: 0.735 , 0.86
Support: 0.71
Wolf.