MYR 1.30% 39.0¢ myer holdings limited

MYR Saxo commentary

  1. 1,536 Posts.
    lightbulb Created with Sketch. 33
    From Saxo today:

    New Trade
    Myer (Ticker: MYR:xasx): After reaching a record low in its share price in mid-December, Myer Holdings has been caught in a consolidation phase and is now forming an ascending triangle which translates into a bullish formation. This ascending triangle appears to indicate a reversal pattern to Myer's fall. (Note: MYR is scheduled to report its interim results on March 19 when we expect to see strong results following Christmas sales).

    Today's Trade: Buy on stop MYR at $1.595 (January 22 high) with limit $1.61. First profit target is at $1.69 (6%) and second profit target at $1.76 (10.3%). Stop loss set at $1.52 (4.7%).


    Myer will report its interim results in March, when strong results are expected following Christmas sales

    https://www.tradingfloor.com/posts/todays-trade-rba-cash-rate-decision-divides-opinion-3502606
 
watchlist Created with Sketch. Add MYR (ASX) to my watchlist
(20min delay)
Last
39.0¢
Change
0.01(1.30%)
Mkt cap $316.1M
Open High Low Value Volume
39.0¢ 40.0¢ 38.5¢ $523.6K 1.329M

Buyers (Bids)

No. Vol. Price($)
6 157910 39.0¢
 

Sellers (Offers)

Price($) Vol. No.
39.5¢ 17121 1
Last update - 16.10pm 12/12/2018 (20 minute delay) ?
(live)
Last
40.0¢
  Change
0.01 ( 3.07 %)
Open High   Low Volume
39.0¢ 40.0¢   38.8¢ 382353
Last updated 15.59pm 12/12/2018 (live) ?
MYR (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.