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 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...