Princess Private Equity Holding Ltd-Ord Could Burn Your Portfolio. Has Another Gap Down

 Princess Private Equity Holding Ltd Ord Could Burn Your Portfolio. Has Another Gap Down

The stock of Princess Private Equity Holding Ltd-Ord (LON:PEY) gapped down by GBX 0.1 today and has GBX 7.76 target or 8.00% below today’s GBX 8.44 share price. The 9 months technical chart setup indicates high risk for the GBX company. The gap down was reported on Nov, 24 by If the GBX 7.76 price target is reached, the company will be worth GBX less.
Gaps down are helpful for identifying a resistance level and to could also be used as a tradeable event. If traders are short the stock and it experiece gap down, then its usually advisable to hold the short for a bigger down move. Back-tests of such patterns show that two-thirds of the these patterns the stock performance worsens after the gap. The area gaps close 91% of the time, the breakaway gaps 1%, the continuation gaps 9% and the exhaustion gaps 64%. The stock increased 0.12% or GBX 0.01 on November 24, hitting GBX 8.44. About 83,173 shares traded hands or 128.48% up from the average. Princess Private Equity Holding Ltd-Ord (LON:PEY) has declined 10.37% since April 27, 2016 and is downtrending. It has underperformed by 15.78% the S&P500.

More news for Princess Private Equity Holding Ltd-Ord (LON:PEY) were recently published by:, which released: “Princess Private Equity Holding Ltd announces sale of US security services firm Universal Services of America” on July 16, 2015.‘s article titled: “Princess Private Equity Holding Ltd says first interim dividend” and published on May 18, 2015 is yet another important article.

Princess Private Equity Holding Limited is an investment holding company. The company has a market cap of GBP. The Company’s investment objective is to provide shareholders with long-term capital growth. It currently has negative earnings. The Firm invests in private equity and private debt investments.

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