SXX Weekly 16/09/13
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Almost 2 months on from the last entry on this share and we're almost at the target area of 6p.
I've attached the weekly chart as it's much easier to see where the important 6p support comes from. In addition to the previous price low, it's also the target of the "M" shaped move which double topped at 30p and dipped to 18p in between.
I'll be looking to buy this support but with a stop in place as if 6p goes then it could easily see 2p again.
I've attached the weekly chart as it's much easier to see where the important 6p support comes from. In addition to the previous price low, it's also the target of the "M" shaped move which double topped at 30p and dipped to 18p in between.
I'll be looking to buy this support but with a stop in place as if 6p goes then it could easily see 2p again.
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