LON:SMT - looking to start stage 2Scottish Mortgage Investment Trust is going through stage 1 base and looking to breakout to stage 2 uptrend after falling over 53% during the stage 4 downtrend.
Chart pattern looks interesting.
SMT trade ideas
SMT chance for a positive moveSMT - chart looks strong and discount vs NAV is also strong.
No advice given
Buy for me
SMT (1W) Longterm accumulation strategyJust quick idea for long term setup for SMT.
Be patient and DCA your entry price.
SMT in the buy zone for meSMT bumbling along at the bottom of an upward channel.
Considering the gap between the piece and NAV its a buy for me.
No advice given
SMT ready for a bullish run?Long term upward trend albeit in a wide channel giving plenty of room for upside?
No advice given
SMT - Scottish Mortgage Trust - a bullish countThis is one of the most popular investment trusts in the UK and has been an excellent proxy for the tech stock boom of the last 13 years. Whatever the merits or demerits (?) of this count I reckon I can count a 5 wave move to the downside. If I am right, we are now going to see a 5th wave materialise to somewhat improbable highs or, if the top was already in we may at least see a decent rally before it plummets to the depths below. On a side note, if the bullish count here does happen does that not suggest that inflation is about to bite really hard?
SMT short term bullishScottish Mortgage is currently in bear market.
MACD bullish cross suggest we will try to go towards 200 EMA around 1328 but that is a strong resistance.
RSI is pretty weak. Pesymistic scenario: we test 50 EMA around 1250 and go lower (but 200EMA more likely)
I think SMT will stay in bear market this year
SMT chart with multi diagonalsSMT strong upward trend.
No advice given but its a long hold for me (for entertainment purposes only)
Multi diagonals added to see how price behaves.
Lets see
SMT ascending channelSMT continues to progress steadily in upward channel
No advice given
Long and steady
Scottish Mortgage Investment Trust PLC. Analysis 14 June 21
LSE:SMT
Scottish Mortgage Investment T
Weekly TL is Broken.
With Weekly Supply Above.
Next Monthly potential area of
Demand Below.
SMT on the daily looks like the top edge or ascending channelStay long as the ascending channel is strong but it seems top edge of the channel is in play
SMT Long Scottish Mortgage Investment trustStrong signal to go long
Key levels found
Reached all time high so general expectations it will go high once more but will retrace at some point
SMT - Scottish mortgage trust - still bullishAs a UK based proxy for mostly US tech stocks this FTSE 100 Investment trust has given it's investors a pretty good run. This count suggests that there may be more to come after this recent break out.
SMT - bearish for nowThis big UK tech-focused investment trust has been very popular for UK investors these last few years however it has now taken a tumble like everything else. Two counts here, one a bit more apocalyptic than the other. The blue count suggesting a deep 4th wave correction while the red count suggests the end of a 5th wave with a much bigger correction due.
SMT watchingSMT has had a great rip up. It's due a pull back and providing market structure remains in place, I'm hoping to take the opportunity to get long.
Scottish Mortgage Trust - SMT -BullishAnother equity chart and another bullish count for one of the UK's largest trusts (holds mostly tech companies). A bit of confluence there on the next top too.....
