PNTG looks good and is expected to rise, with the momentum indicator clearly trending upwards and volume of roughly 208,000 shares, about double the average, making liquidity worth watching; risk is capped by exiting below yesterday's or today's low.
Bullish
“Need some assistance on the assisted living group?”
Stock Market MentorPublished Oct 22 · 1 passage
Jump to any passage
1 passage
I am looking towards shares in care home companies. This, for example, is why you now need to pay attention to liquidity here. Approximately 208,000 shares were traded, which is roughly double the average volume .
But you can see the momentum indicator clearly trending upwards. So, this is a stock that I think will rise, and you just need to protect your trade by placing a stop-loss order, and I think you can place it below yesterday's low, or perhaps today's low .
So, you won't risk much, but this stock looks good.