Following a brutal sell off recently rolling a CEO step down, now could be the time for a long entry on SGE.
Looking at an entry above Fridays high.
Technical points:
Engulfing bar on strong volume
Rejection from lower Fib
RSI 2 oversold
May be good for a bounce.
SL: 560
TP1: 608
TP2: 630
Looking at an entry above Fridays high.
Technical points:
Engulfing bar on strong volume
Rejection from lower Fib
RSI 2 oversold
May be good for a bounce.
SL: 560
TP1: 608
TP2: 630
Order cancelled:
Trade closed at entry price, not enough movement.