Thursday 30 October 2014

Stock of the Day - Smith and Nephew (Trade-Setup) 30/10/14 21:52pm


Entry PointKey LevelProjectionStop Loss
Smith and Nephew1033(Buy) -10801007




Smith and Nephew Chart (5min) - Analysis time: (21:52 pm)

Commentary
A Fibonacci Analysis on 5min Chart. Gives us some support levels, a entry point at 1033 and a projection of 1080. I will also be looking at entry level, placing my stops beyond 1007. Lets see how the market reacts to our level.

Disclaimer: The trade-setups are my view of the market. I'm in no position to advise you in investing in Futures, Options or other various securities. Any long/short position you take is not my responsibility.





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