Australian (ASX) Stock Market Forum

Your latest trade based on T/A

Dont have a chart but i went long on SGB at open today with a CFD @ 33.40.

It was close to support at $33 and released their report, which i thought the market would like.

Stop has now been moved well above b/e :)

finally i get a trade right :cool:
 
Prawn.
Can you tell me how you did that?
Seeing it opened at $35.30
 

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There was a moment of confusion there as I looked back and forth at the SGB stock chart before i read tech/a's post lol
 
Bought at .26

based my decision on seeing the buyers stepping in at the .25 support level a couple of days previous soaking up all the sellers, then the volume dropping of over the next couple of days which indicated to me the big selling had stopped, this with the stochastics in the oversold area then a positive day on the monday with the buyers taking control, thought it looked worth a go.
 

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