PFT:ASX - PURE FOODS TASMANIA - 500% run last 3 months

Pure Foods Tasmania produces and wholesales pate and smoked salmon & trout fish products. The stock has had a nice and steady rise in price over the last 3 months. Worth a watch.

Note

Great run. Just hit $1.40

Note

Back in buy territory after its recent pullback.

Note

Another 20% run off that buy signal after pullback.

Note

Getting close to a buy area again. SuperTrail says the uptrend is back in play, but I want to wait for the RSI to move above 55 for confirmation so have an alert set for the cross.

Note

For a different view I will often switch to Bollingers to see what is happening. The middle line is the 20 day moving average and see how it is acting as resistance to the price. I would want to see price close above the 20 day MA. RSI > 55 should take care of that, but you could also set an alert on the bollinger mid line cross if you preferred. eg maybe you use a macd instead of an rsi...

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus

Also on:

Related publications

SuperTrail Indicator Video / Trailing Stop Loss

by zAngus

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

zAngus

NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus