SGR The Criminals: Back at it again! Let's have a looksie at the Charting Update. Shame on the "Investors" who:
1) Dont respect technical analysis because they fail to realise its an identifier of SUPPLY and DEMAND zones and
2) For trying to BURY my thread with a bunch of BIASED Hopeful Longs making rubbish threads.
As can be seen, I took a short entry at 54c yesterday adding to my short from last week. significantly reducing my losses. Due to sleeping in, I was not able to get out lower, I had my cover order from last night at 50c losing -$360 which I am very happy with lol
Below was me adding to the position nearing 3pm, I was up +$60 as it dropped but at the end of the day they gapped it up. Such a predictable yet criminal stock.
BELOW IS THE UPDATED DAILY CHART we can see CONSTANT never ending and relentless supply at mid top high 50c prices and its quite evident a big seller has always come in below 56c to really drive this lower.
Considering it gapped up on FABRICATED Take Over Rumours by bleeding longs DESPERATE to sell into ANY UPTICKS, the company had to DENY their criminal and fibbish statements of any take-over by Hard Rock.
Therefore it is reasonably probabilistic that SGR once again goes lower to GAP FILL PRICES from Monday's gap up. We have the 47.5c down to 45.5c before any sign of wanting to be a buyer.
Infact, more likelihood of the Red Downtrendline to be tested and shaken below. Stock with no cash left means how will it operate in the next 30 days? Bell Inquiry still ongoing til end of Month GGz for all of yesterdays longs buying a 20% Fluff Article. Where will they be adding to their longs because cutting losses is not possible for big tax loss takers. Also we have a DOJI CANDLESTICK at the upper end of these moves. Still, something significant is coming 45c by Thursday?
SGR Charting Thread 2024, page-52
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Last
52.0¢ |
Change
0.005(0.97%) |
Mkt cap ! $1.491B |
Open | High | Low | Value | Volume |
52.5¢ | 53.5¢ | 52.0¢ | $2.593M | 4.941M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 252749 | 52.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.5¢ | 32743 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 252749 | 0.520 |
11 | 386779 | 0.515 |
16 | 2059034 | 0.510 |
14 | 454281 | 0.505 |
40 | 1288551 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.525 | 32743 | 3 |
0.530 | 468578 | 9 |
0.535 | 458567 | 8 |
0.540 | 411996 | 9 |
0.545 | 341143 | 8 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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SGR (ASX) Chart |