SGR 1.02% 49.5¢ the star entertainment group limited

Ann: The Star Appoints Brisbane CEO, page-5

  1. 4,645 Posts.
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    There's a reason I am only a partial position short, it eliminates my threat of any margin calls
    I also understand my timing is always off by a handful of days at most a week.
    So I suspect whenever I disclose my thesis long or short, since 2021 I have noticed they dont respond the way they used to as I have tilted my acc badly since LOL


    As per the hourly chart below,
    I am patiently waiting to add another slice to my short position at these levels indicated in the red circles.
    Since its coming off the 48.,5c lows into current prices of 52c, this puts the red circles and trendlines as a decent resistance zone where I am happy to add another touch, as I don't see without a catalyst prices hitting 57c where stops would be tested.

    It's just been somewhat of a very slow grind, on low volume back to 52c, where there's still overhead at 53c and 54c let alone 57c tops that it made. Hope that makes sense smile.png I am surprised a LONG Investor even knows the word "stop loss" as they are just the Buy and Hold Forever type of individuals rolleyes.png

    https://hotcopper.com.au/data/attachments/5905/5905268-b637940c9fe7397305dc142ace9b3113.jpg

 
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49.5¢
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48.5¢ 49.5¢ 48.0¢ $3.133M 6.390M

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Last trade - 16.10pm 17/06/2024 (20 minute delay) ?
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