SGH 0.00% 54.5¢ slater & gordon limited

Chess board laid, page-245

  1. GC8
    1,890 Posts.
    lightbulb Created with Sketch. 3
    Yep that's exactly what has happened to SGH.......currently in Stage 1 (trading range 20c - 68c).....the only question is how long before it breaks out of this stage. I'm pretty sure I mentioned this before but the rule of thumb is the time of the base will be equivalent to the fall (which was approx. 12 months). So taking that into consideration realistically the HY 17 results could prove pivotal and the trigger for entering Stage 2 (mark up) or it could be shorter if there is some significant news around the corner at the AGM.
 
watchlist Created with Sketch. Add SGH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.