SGY
SGY- Wonderful long again For hedge we took a position on SGY as it pulled back to Moving average support. It is a momentum play & we are looking for a rally up to 19.13.
You can check our detailed analysis on SGY in the trading room/ Executive summery link here-
www.screencast.com
Time Span: 44:20”
Trade Suggestion Date: 5TH Jul
Trade open: 11.70 (6th Jul)
SGY- Long from 7.53 to 11.30 (Swing Trade)SGY- Long
Trade Logic: SGY- Long
Trade Logic: Ascending triangle formation, swing trading
Entry Price: 7.53
Target Price: Target 1-9.2, Target 2- 10.61 & 11.30
Stop-Loss: 6.57
You can check our detailed analysis on SGY in the trading room link here-
Trade Suggestion Date: 21/6/2016
Trading Room - Executive summery link:
Time Span: 13:15”
Trade Open: Waiting for entry confirmation
