Saq I did 2 for you :)))SSMThe weekly chart is a clear down...

  1. 9,861 Posts.
    lightbulb Created with Sketch. 5
    Saq

    I did 2 for you :)))

    SSM
    The weekly chart is a clear down trend but the trade from current lows is a potential for a 64 target which is top of trend channel, but to enter right now on a weekly would be offering a risk of 26% i prefer mine to be under 5%
    If you in i would profit stops up behind it, i think this is traded alot on day traders thread ??

    Photobucket


    BLY
    I traded this is the dec rally and i cant believe where it is now, obviously something not right fundamentally.
    The support resistance line is key and i wouldnt trade it under the line now, and it needs to break out of the down trend channel.
    Not saying you cant make good bucks here just must be reasons for a company like this to be so low. Its ashame really.

    Photobucket


 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.