SGH 0.00% 54.5¢ slater & gordon limited

Technicals, your call.

  1. 114 Posts.
    So here are my comparisons (not to be used as advice) to the previous bounces after massive spits (this is a YTD, daily chart - LT view).

    I'd love your guys and gals opinion in what you see.

    April:
    - Overbought, low volume, poor bounce after ann, increasing sell momentum on MACD

    July:
    - Oversold and Stochastic momentum did not bounce with the price, therefore remaining oversold.
    - Higher volume although the volume was on the sell side.

    Nov/Dec:
    - Oversold signal although there is a clear upward crossover.
    - Steep MACD moment to the upside.
    - High volume on the buy side.
    - Strong bounce closing the gap on the EMA.

    Disclosure I classify myself as a novice so make sure you DYOR and base your decisions on that.

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