MGH trade ideas
ASX - MGH MAAS Group Holdings at All Time HighsPosition taken
Pushing new ATHs past few days
RSI is high, so did 4ATR Stop @ 3.60.
Portfolio risk 0.5%
OBV strong
MACD Bullish
1.5+ Volume
Steady price action since listing Dec 2020
Will look to build position a few more times before readjusting to Trailing stop.
MAAS Group Holdings Ltd. supplies construction materials and equipment. It operates through four segments: Construction Materials, Civil Construction & Hire, Real Estate and Underground Equipment & Services. The Construction Materials segment engages in mobile crushing and screening operations. The Civil Construction & Hire segment provides construction and above ground plant hire services to major civil and infrastructure projects in Australia. The Real Estate segment develops residential housing estates, primarily focused on regional centers in New South Wales. The Underground Equipment & Services segment specializes in providing mobile equipment for the underground tunnelling and mining industries in Australia and globally. The company was founded by Wesley Maas in 2002 and is headquartered in Dubbo, Australia.
maasgroup.com.au
