SamSuka
The Long Investor
The Long Investor

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$SG - WATCHLIST -

I will be watching thing closely now, as we have a Cup and Handle formation and a pull back exactly to the 0.618 Fib at $20.91 and a bounce so far to $23.91 today.

This is a formation we have seen work out very bullishly lately and I will be watching for a reversal here next, with a series of higher highs and higher lows and moving in an impulse wave next.

In the short term, I would expect a reversal to the 200 Day MA at $32, clearing this level and then a return to the blue line at $39 is possible, once $20.91 holds.

$SG - WATCHLIST -

Comments

Looking for that second chance at $20.9

Nick E

Their salads have gone to hell, but there’s always a line and you can’t hate on that C+H and potential 3x return

Brian Delaney


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