After tripling in a few short months, riding the wave of strong earnings, its time for 
SG to return to earth. Looking at the chart you'll see a gap that needs to be filled.
Valuation is a concern here and on that simple basis it should fall to lower portion of gap. Opening short position here similar to short in $SHAK. Will add to position as momentum to the downside is established.
SG to return to earth. Looking at the chart you'll see a gap that needs to be filled.Valuation is a concern here and on that simple basis it should fall to lower portion of gap. Opening short position here similar to short in $SHAK. Will add to position as momentum to the downside is established.
Trade attivo
TBH, this has shown more strength than expected. That said, we still believe this is a candidate that will come back to the 20-24 range in the coming weeks. Adding to the short position...Trade attivo
Expected SG to follow the same path downward as $SHAK. Standard rotation after a rise...maybe towards end of quarter you will see more profit taking.Trade attivo
Could be just the start of end of quarter profit taking. Whats the old saying? Bulls make money. Bears make money. Pigs get slaughtered.Always trust the math.
Trade attivo
Its been a good day for the SG bears. If shorts are able to push this down below $28.60 level the next support is in the $18-$19 range. Could happen very quickly given end of quarter profit taking.
Trade attivo
Support was broken. Look out below. 18-19 on the daily over the next 4-6 weeks possible.Trade chiuso: obiettivo raggiunto
Taking profits...break out all the cliches. bulls make money bears make money pigs get slaughtered.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.