Long
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-
screencast.com/t/albA50iuLT
Time Span: 44:20”
Trade Suggestion Date: 5TH Jul
Trade open: 11.70 (6th Jul)
You can check our detailed analysis on SGY in the trading room/ Executive summery link here-
screencast.com/t/albA50iuLT
Time Span: 44:20”
Trade Suggestion Date: 5TH Jul
Trade open: 11.70 (6th Jul)
Trade closed: target reached
SGY magic again, gaped up higher then our target price. We were able to lock 52% profit in only 6 days. However the stock reached a intraday high of 25.40 a 100% gain from our entry.
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Check out some of our free video examples @ smartmoneytrading.com/insights/
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.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
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.