zAngus

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

Long
zAngus Updated   
ASX:PFT   PURE FOODS TASMANIA LIMITED
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.
Comment:
Great run. Just hit $1.40

Comment:
Back in buy territory after its recent pullback.

Comment:
Another 20% run off that buy signal after pullback.

Comment:
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.

Comment:
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...


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