SGY: Stone Energy Corp
Simple technical only analysis of SGY: Stone Energy Corp. (Educational purposes only)
Looking for a rejection signal bar at supply zone marked as rectangle and market structural trend change on lower time-frame.
Area of interest above $48.00
Stop-loss $50.15
Target $38.00 High area of significant support zone
Risk / Reward = 1 : 4.65
ATR of stock Currently $1.30 approx
Looking for a rejection signal bar at supply zone marked as rectangle and market structural trend change on lower time-frame.
Area of interest above $48.00
Stop-loss $50.15
Target $38.00 High area of significant support zone
Risk / Reward = 1 : 4.65
ATR of stock Currently $1.30 approx
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.