SGX
SGX broke out from a downtrend channel on January 4. If it is able to break above the last significant high at $8.52 ( preferably $8.6 ), this will trigger the weekly chart to turn bullish. 1st target $8.90, 2nd target $9.50. Stop loss at $8.30. This will be a position trade aimed at mid-term.
Labels: Stock Pick
posted by Market Wizards @ January 11, 2010
Comments: 0
