XLD 0.28% 1,638.3 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-412

  1. 8,610 Posts.
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    Hi Toastie, Hi Jako,

    Can't Help much with the Risk / Reward Calculator from B1 either...thought I had bookmarked some as well...I'll Keep looking.

    Not familiar with SEA but here's a couple of charts below...some support just above the 8 cent mark, and I'd probably wait around that area to see what happens. Looks somewhat overbought at the moment, (but they can stay like that if the market is supportive) I'd watch the stops closely though. What's your target price Toastie ? If price can get through 9 cents there will be some shrapnel to navigate around the 10.5 to 11 cent mark. The Weekly chart has a Fibonacci Time extension from the High of January 2017, with the 100 % about now, so the set up your seeing may have merit.

    Cheers.


    Daily
    SEA Daily 8 10 2018.PNG

    Weekly
    SEA Weekly 8 10 2018.PNG

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