Price drifts lower as buyers remain in the sidelines lacking the interest for now

PPS traded down through the Stop Loss level so the alert is now cancelled. The action is still holding above the MAs so we continue to keep this on the watchlist for now as price still has some work to do.

Alert History

Original Buy Entry Alert 17/01/20

New Buy Entry Alert PPS

Time Frame : Daily/Weekly

Sector : Software and Services

Key Stats : $228.89 Million Market Cap, VWAP 0.555, ASX Ranking 576, 4 Week Av Turnover $384,235, Current Turnover NA.

Company Overview : Praemium limited (PPS)is a leading provider of scalable managed accounts technology, portfolio administration and CRM & financial planning tools for the wealth management industry. Praemium limited have more than 1,000 clients including several financial institutions. Praemium limited Offices in Australia, UK, UAE, Armenia, China and Hong Kong.

Broker Consensus : Not covered by a major broker

PPS – Praemium Limited

PPS is on the move up and should be buoyed by the all time highs and positive mood of the ASX. We are now happy to buy on a push up through 0.575 with a Stop Loss at 0.535. If price falls below 0.535 prior to entry, we will cancel the alert and re-assess the action.

Stock Code : PPS – Praemium Limited

Company Website : www.praemium.com.au

Current Price : 0.56

New Potential Buy Entry (Trigger Level) : 0.575

Potential Sell Exit Zone (Stop Loss/Cancel Level) : 0.535

Status : On watch for Buy Entry Trigger