SGR 2.08% 49.0¢ the star entertainment group limited

Crown to retain Melbourne casino licence, page-37

  1. 314 Posts.
    lightbulb Created with Sketch. 57
    See what I mean below- smoothed the candles to help with the trendlines.

    -MACD setup gets a tick and is bullish.
    -Big absorption volume on 20/2 sell off also gets a bullish tick.
    -Now its right on the back test of the break from 28/3 which is neutral at the moment and needs to bounce from here for confirmation of the trendline.

    There is however there is a bear case there as well its just broken a possible bear flag which also originated in the 20/3 sell off.

    I think tomorrow is the day we get more info on short term movement, however overall there are a lot of bullish ticks and a bounce would be another added confirmation. I never go all in. Just play for pocket money

    https://hotcopper.com.au/data/attachments/6087/6087427-2f8282d34e8f129f4ee2d80c5484c54a.jpg
 
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