2 Stocks With Some Momentum

Stock 1 – Public Packages Holdings

PPHB 20112019.png

  • PPHB appears on the uptrend, backed by rising MAs
  • Momentum : ADX > 20 , supported by above-average volume
  • Bullish MACD / RSI (>50)
  • Major resistance: around $0.97-0.98, current price : $0.72, possible stop loss at $0.61. Possible entry at $0.69 (upon retracement to 20D EMA).
  • Reward-to-Risk ratio: 2.27x (entry price based on $0.72)
  • Reasonable fundamentals: PE< 7 x, PB < 0.6x, minimal gearing

Stock 2 – Johore Tin Bhd

JOHOTIN 20112019.png

  • JOHOTIN appears on the uptrend, backed by rising MAs
  • Momentum : ADX > 20 , supported by above-average volume
  • Bullish MACD / RSI (>50)
  • Major resistance: around $1.60, current price : $1.47, possible stop loss at $1.35. Possible entry at $1.47 (already retracement to 20D EMA).
  • Reward-to-Risk ratio: 1.00x (on the low side) (entry price based on $1.47)
  • Reasonable fundamentals: PE< 10 x, PB < 1.5x, minimal gearing

DISCLAIMER: THIS IS A PERSONAL INVESTMENT BLOG AND SHALL NOT BE RELIED IN WHATSOEVER MANNER BY ANYONE. ALL ARTICLES CONTAINED IN THIS SITE ARE STRICTLY FOR INFORMATION, ENTERTAINMENT AND ILLUSTRATIVE PURPOSES ONLY AND DOES NOT PURPORT TO SHOW ACTUAL RESULTS. IT IS NOT, AND SHOULD NOT BE REGARDED AS INVESTMENT ADVICE OR AS A RECOMMENDATION REGARDING ANY PARTICULAR SECURITY OR COURSE OF ACTION. SOURCES USED IN THIS SITE HAVE NOT BEEN INDEPENDENTLY VERIFIED FOR ACCURACY, COMPLETENESS AND TIMELINESS. YOU SHOULD SEEK INDEPENDENT AND PROFESSIONAL INVESTMENT ADVICE IN REGARD TO YOUR INVESTMENT DECISIONS. THE AUTHOR MAY HOLD POSITIONS IN THE SECURITIES MENTIONED IN THE ARTICLES.

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