SGP – Stockland Trust Group

These extracts from my trading diary are for educational purposes only and should not be interpreted as investment or trading advice: Terms of use

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Code:

Company Name:

Sector:

Size:

 Confirmed Trend:
В 

SGP

 В 

Stockland Trust Group

 В 

Real Estate

 В 

ASX Top 50

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Commentary:

Stockland Trust has entered a confirmed down trend according to Dow Theory, after making a lower peak and travelling through the previous trough.В  As is often the case, SGP has also made a down trend according to Trend Line Theory on a weekly chart.

The down trend would be considered reversed with a close above $4.15, the previous peak.

Click the chart below to enlarge:

Previous Trend Changes:

Nil

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January 29, 2010  Tags:   Posted in: Research On Australian Stock Trends

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