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

.

Code:

Company Name:

Sector:

Size:

Confirmed Trend:
 

SGP

 

Stockland Trust Group

 

Real Estate

 

ASX Top 50

.

Commentary:

Stockland Trust has entered a confirmed down trend according to Dow Theory, after making a lower peak and travelling through the previous trough.  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

Read Related Articles:




  And, subscribe for free to stay in touch and receive the latest updates:

Enter Your Email Address:

.
(Check Your Junk Mail, Just In Case)

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

Leave a Reply