Pushpay Holdings Limited (PPH.NZX & ASX)

14 January 2019

Technical Summary: The five year chart of PPH shows a stock that has generally held true to its uptrend. The pullbacks in the past have proven to be buyable. If this trend is to continue then the stock might be buyable at the current juncture as it shows some strength above the 50 day moving average. Conservative traders may like to see the stock move back or consolidate on the 50 day moving average before considering buying the stock. Interesting that after a recent sell off the
stock has put in a slightly higher low. This might indicate that some of the selling pressure has disappeared although it isprobably too early to say at the moment.

Buy the dip on PPH?

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