No problem PJ, I owe you this chart from friday!
Here is SBM:
Daily:
You can see a couple of speed angles that might play out. Would definantly be looking for the dark blue one first. However, note the stochastic is getting nicely oversold. You can see some support lines at 23, 21.5 , 20 and 18. Im willing to bet it wont go lower then 18 unless a really bad announcement comes out.
Weekly:
This is what really caught my attention. While there are some shares ive seen with oversold daily stochastics, I havnt actually found shares with oversold daily AND weekly stochastics. This is what made me buy some today at 23.5. You can also see a gap at 55-47.5 which could be filled sometime in the future.![]()
- Forums
- ASX - Day Trading
- daytrade diaries... june 22 part 2
No problem PJ, I owe you this chart from friday!Here is...
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
IGO
IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter