SGR Charting Thread 2024, page-48

Cheers @Xagxau hope you have ben doing well on it so far SGR

After this gap down, it is having significant volumes. Whoever was short is most certainly taking SOME profits here.

Not sure how it will trade moving forward but I presume if this is a broken stock, they will respike to some level so they can sell at higher levels

I still don't trust it. I made a quick $100 scalp trade on this and am watching from the sidelines now.

I am more interested in the moves over the coming days here ie a move back to 48c to 50c how much strength will be there etc etc.

There's just too much volume for me to be tempted on any short right now when really all the buying is from covers, some scalpers, some investors etc so I have my reasons to be cautious and just wait on the sidelines

SENTIMENTS have all changed to NONE as I don't know wouldn't recommend a buy, and most certainly wouldn't recommend a short either