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74.0¢ slater & gordon limited

SGH chart, page-321

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frankieV

989 Posts.

19

12/09/18

13:33

Post #: 35548388
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Originally posted by RockNRollClown ↑

frankieV,

You are spot on... it could go up or down... You are Right.

Have a close look at the first chart above, You can clearly see pressure is building towards the upside.

Best Guess...70% chance of a close over 3.50 within 2 weeks.

One could argue, there seems to be a greater chance of upside than downside right here.

It's wise to be very careful with wording on forums these days.... the forum Graveyard is full of people who boldly said exactly what a stock is going to do. Back in 2009 while the entire forum was Bearish on CBA... I boldly said it IS going to go screaming hard to the upside, I was dead right.

In the case of SGH right here... as You know, it would be wise to exercise some serious caution.

Please read the fine print below.

Cheers,

Expand

Maybe RockNRollNostrodamus rather than Pagliacci.

I don't know maybe my Spirograph is just different from yours but across different timelines or resolutions I could see a double top or a double bottom or a downward trend, or indeed a gap as @littlemouse789 sees. None of that could predict the CA announced yesterday, or cashflow or MY PREDICTED buyout from a competitor.

SGH Price at posting: $2.97 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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