SMSMY trade ideas

CtpFatboy

Good consolidation period for $SGM, good washout and retest. Steel price remains strong. I am hoping for a better than expected result in Feb 2022. I currently hold a long position.

StrawberryMan2

Gap Up Wait to check for follow through And then expect a steady increase.

ASXSignalCentre

SGM Looking to either retest the lower trend line or push back up past Jan highs to resume upward momentum. Looking for a nice entry in the red circle if we see a retest. Entry: 13.52 - 14.28 Stop: 12.26 Target: 15.68 Timeframe: 1-3 weeks

TRADER-WANNA-BE Updated 

ENTRY: 13.30 TP: 14.63 SL: 12.67 - ADX>25 - RSI>70 - MAs are aligned - FFI and RSI +ve - Break-up with good volume

crashman111

see chart

crashman111 Updated 

what a run I followed this thing from $10.50 but I think we're going to come back to the black channel for support soon