SBGL comming off of a pullback - Time to buy for a big gain!
Coming off of riding the upper Bollinger band for a pullback presents an opportunity to buy-in.
Earnings are being reported tomorrow, so keep an eye on that. RSI is up and Volume is riding above the 50 period average. Weekly MACD is in positive territory and the daily signal just crossed up into buy territory. Price has broken through the 9 period MA along with volume, making this look bullish for a long position.
I'm looking for this to continue upward and ride up on the upper band. I'll be bold and say that over next few months, this will double.
Earnings are being reported tomorrow, so keep an eye on that. RSI is up and Volume is riding above the 50 period average. Weekly MACD is in positive territory and the daily signal just crossed up into buy territory. Price has broken through the 9 period MA along with volume, making this look bullish for a long position.
I'm looking for this to continue upward and ride up on the upper band. I'll be bold and say that over next few months, this will double.
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.
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