Pointsbet ASX:PBH had a great year in 2020. Its share price has gone from 4.47 -> 11.87 in just one year. Back in March when the pandemic was first breaking out globally, its share price has once tumbled to $1, as everyone thought there would be no sport matches and people would have less money to gamble. There were indeed much less “games” during 2020,...
Following up on my Oct 13 note on APT:ASX , its has formed a textbook style wedge which has been consolidating into exactly the $95 dollar range on its chart with decreasing vol. Depending when the trade vol hit again, likely with vaccines and more recovery news, it would breakout (upward hopefully) to new high...however for whatever reason if its gapping...
Back in Aug when TWE announced great 3Q result, it went from $11.5> $13.12 in one single day. It was then severely impacted by the gradually intensifying tension between AUS and China, the stock price has then free fall all the way to ~$8 especially after Chinese gov announced applying tariffs on Australian wine exports. However, it appears that $8 is already the...
Credit Corp Group Limited is an Australian debt buyer they buy debts from bank, telco and other commercials ( at a discount of course) and try to collect them back by provide different solutions, such as offering flexibility. Their stock price has halved due to covid. Its true that people are facing more financial burden during covid and present high risk of...
Global recovery is the key theme for the next couple of months and logistic facilities and warehouses are in high demand when more countries are starting to re-open. While GMG has been quiet for the past few months, but its stock appeared to be consolidating and set a great support at $17.51. Comparing with global logistic big bro like CH Robinson Worldwide...
Travel and hospitality have been hit really hard during covid, and while the situation appears to be stablized in Australia and New Zealand, i believe the risk/reward ratio of some of the travel related stocks are on point get recover reasonably. The two in my spectrum are New Zealand Airline and Webjet. New Zealand Airland - I dont think they will go bankrupt...
APT has been consolidating since its last earnings announcement on Aug 03. The result was actually great but it tumbled 20+% ever since mostly because of profit taking. Now that its about to break its all-time high @ 95.97 after consolidated for two good months, only the moon is the limit ...