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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Hi Nick1970,SGM is breaking above a short term down trend line....
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Last
$10.79 |
Change
0.020(0.19%) |
Mkt cap ! $2.084B |
Open | High | Low | Value | Volume |
$10.65 | $10.80 | $10.64 | $1.302M | 121.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1711 | $10.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.80 | 1364 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 93 | 10.530 |
2 | 170 | 10.520 |
1 | 474 | 10.510 |
1 | 1000 | 10.500 |
1 | 95 | 10.410 |
Price($) | Vol. | No. |
---|---|---|
10.900 | 234 | 1 |
11.250 | 2000 | 1 |
11.290 | 1070 | 1 |
11.450 | 500 | 1 |
11.490 | 30150 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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