MYR 1.30% 39.0¢ myer holdings limited

MYR Saxo commentary

  1. 1,536 Posts.
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    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
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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) ?
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
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