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TOPIC: SBTX

SBTX 28 Apr 2020 14:13 #1

  • abudawud
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Thanks Remo. Which Fibs do you generally use on a pull back? Which are best? I see this has already touched the 23.6%
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SBTX 28 Apr 2020 12:23 #2

  • remo
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It looks alright to me....Your trend lines....
The daily would have given you the earlier entry as it broke earlier. The weekly looks like the main trend line which generally is the hardest to break.This is the main one as that will clearly show the change in trend. A lot of resistance on that trend line...This share looks like its runaway so if your looking to enter then you need to wait for a pull back to support . you can use the fibs and also use previous extreme supports which you can tell from your charts
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SBTX 28 Apr 2020 09:59 #3

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Did the previous screenshot off my phone here is a larger one

Daily



Capture_2020-04-28-3.JPG



Weekly looks like a bit of rejection so maybe potential entry at the fibs


Capture_2020-04-28-2.JPG
Last Edit: 28 Apr 2020 10:01 by abudawud.
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SBTX 28 Apr 2020 08:17 #4

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Hi guys can someone check my analysis on this share. I see it breaking the long term downtrend below on the daily and the weekly if it closes above 20. Looking to get into this and just need to know if my trend lines are relevant. Looks oversold on all indicators which is the only thing that is making me hesitant. But not sure in today's market out with a illiquid share how relevan
Screenshot_20200428-081214.jpg

t those indicators are
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