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ChartsView Day Trading Forum | Trading Room
Technical Analysis
SVT
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TOPIC: SVT
SVT
07 Jan 2014 09:34
#1
diver993
OFFLINE
Senior Poster
everything is possible
Posts: 699
Thank you received: 1138
Karma: 25
dl.dropboxusercontent.com/u/7238706/SEVERN%20TRENTwkly.png
This is a weekly chart and this still looks really good for a short to 1500. The chart speaks for itself.....
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The following user(s) said Thank You:
remo
SVT
15 Feb 2013 07:15
#2
diver993
OFFLINE
Senior Poster
everything is possible
Posts: 699
Thank you received: 1138
Karma: 25
screencast.com/t/XPxqjYLxT
This one looks like a good short. First stop 1500; second stop 1400; and possible third stop 1280. All based on an eventual swing back of 61.8% of the move up from 929 to 1620.
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ronnie
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