SGP 0.00% $5.15 stockland

Shorting the Housing Bubble in Australia, page-126

  1. 16,324 Posts.
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    G'day ava,

    how are you? Hope u r well..... nice weather here..... lol some sun....

    ok... SGP...... today it has shown once again it's losing energy to recover/rebound.

    $4.35's are getting stronger by the day on resistance....

    A re-test on $4.275's and a close below $4.30's...... I'd say a "immediately" re-test of $4.25's are imminent and then $4.18's coming right behind.....

    Longer contracts are going to put some weight here in months ahead..... no doubt about it..... next major target will be $4.03's

    cheers

    T10
 
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