Hi Nick1970,
SGM is breaking above a short term down trend line. The trend line is valid because it 'touches 3 points'. The breakout looks valid to me.
If SGM peaks at around $18.60 and falls back to around $16, then I would say that SGM is stuck in a sideways trend. This would incorporate your price of $18.59. Until then, I say that it is in a breakout.
Also, your post was polite. I dont mind if you disagree with my analysis and put it in strong terms. I enjoy debating/sharing ideas on here. Hey, I have been posting on HC for a decade. I have come across a lot of knobs. You dont seem to be a knob. Most of the knobs from when I started are gone.....but thats because they were knobs and didnt know a breakout from tennis elbow.
All the best.
DYOR
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Last
$10.75 |
Change
0.050(0.47%) |
Mkt cap ! $2.077B |
Open | High | Low | Value | Volume |
$10.80 | $10.86 | $10.52 | $13.64M | 1.274M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 930 | $10.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.75 | 4467 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 930 | 10.710 |
1 | 1734 | 10.690 |
1 | 1659 | 10.680 |
3 | 4468 | 10.660 |
1 | 2354 | 10.640 |
Price($) | Vol. | No. |
---|---|---|
10.750 | 4467 | 3 |
10.770 | 2354 | 1 |
10.780 | 2354 | 1 |
10.800 | 2854 | 2 |
10.940 | 800 | 1 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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