SGH 0.00% 54.5¢ slater & gordon limited

Huge trouble ahead if cannot hold at $2.50

  1. HSP
    5,051 Posts.
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    3 trading days lost 38%, started from 25/6/15
    huge losses were in books of those long holders
    4 months passed, the range, 400c - 250c
    many of those long holdrs added long positions since 25/6/15.
    the chart told me that added more & lost more, the more the worse.
    (average price of Jun) > (average price of Jul) > (average price of Aug) > (average price of Sep) > (average price of Oct)
    today' reports showed that UK business had been real problem
    if cannot hold at $2.50, would be free falling, cannot find where to support.

    (Don't take my view, I am holding short position)
 
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