Hi everyone. I'm a newbie, this is my first idea I'm sharing. Love to get your feedback on if you think my reasoning is valid or otherwise
Both the Weekly and Daily charts show upward trend above the 50MA. Stock is trending extremely well considering the ASX200
Initially, I thought the candlesticks were consolidating, however now it may appear that they are...
Fisher & Paykel Healthcare Corporation ($FPH) is a manufacturer, designer and marketer of products and systems for use in " respiratory care " . According to CDC, Corona Virus symptoms includes severe respiratory illness with symptoms of fever, cough, and shortness of breath. www.cdc.gov
The stock is still on an uptrend and likely to continue due to Corona Virus.
Must be best company on the exchange Financially last 5 years earnings all increased projected earnings 16.5% per year.
I brought these when they where
$7.20 Aug 15th 2015 : )
Fisher and Paykel have been having a great run so far this year up around 60% since the start of the year and not much sign of slowing down. The RSI is WAY overextended so I'm hoping that there might be a bit of a pullback / consolidation period allowing us to buy at better value before it continues so I have set an alert for when the RSI gets back to under 70 and...
