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STT Weekend Lounge 27-29 March 2015, page-79

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valen1828

17,258 Posts.

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28/03/15

12:37

Post #: 14997472
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Originally posted by Dazedandconfused ↑

Hi valen

I had a quick look at the chart for SGT

What stands out to my eyes is that today's price rise is on volume which is below the 50 day average. Also the price is producing a bit of a sine wave pattern and it is nearing its top. Those two things together make me think that it might experience a bit of a pull back before continuing the trend.

Overall though it does look like a healthy trend because the volume has been steadily growing in size. On the chart below the volume is overlayed onto the chart as dotted lines. Since the trend started you can see the shorter timeframes are all above the 90 day average volume ... meaning strong recent interest.

View attachment 53963

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thanks Dazed!
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0 Great analysis

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