SGRP trade ideas
Buy SGRP 7/9/2021Stock above EXMA 200 so it is still in uptrend
Stock is making higher low
EXMA 13 cross up EXMA 34
So you can buy target 2.2 stop loss 1.5
Good luck
$SGRP can rise in the next daysContextual immersion trading strategy idea.
SPAR Group, Inc., together with its subsidiaries, provides merchandising and marketing services worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,91;
stop-loss — $1,70.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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SGRP: Super low float! look for resistance break!7M shares float. A lot of corporate restructuring. Watching the price to go past the "hard part". A lot of empty space between 1.50 and up, which is good. We don't need more obstacles.
TWITTER PUMPINGTWITTER PUMPING
ob_tradez 💸
@rob_tradez
$SGRP new highs in after hours... almost at break out point.. I like the value so I’m not selling for pennies 💎
$SGRP - Trend Retracement Complete - Possible 15% MoveSPAR Group, Inc. engages in the provision of merchandising and marketing services. It operates through the Domestic and International segments. The Domestic segment covers services in the United States of America since certain of its predecessors were formed. The International segment offers merchandising, marketing, audit and in-store event staffing services in Australia, Brazil, Canada, China, India, Japan, Mexico, South Africa, and Turkey. The company was founded by Robert G. Brown and William H. Bartels in 1967 and is headquartered in White Plains, NY.
SHORT INTEREST
30.26K 09/30/19
P/E Current
-14.14
P/E Ratio (with extraordinary items)
10.04
SGRP CUP completed wait for handle TP minimum 2.1yellow arrow showing potential of this trade, short term goal is 2.1 to 2.30
SPAR GROUP INC- Top GainerSPAR has been on a 'sprint' lately giving itself a lot of upwards momentum in such a short period of time, meanwhile not having a strong balance from the previous chart patterns. What I am trying to say is that the position that SPAR is holding on to right now is a very weak position, much like Aquabounty which I also wrote about. SPAR may not fall down as drastically as Aquabounty but it will surely win itself a spot in the top losers sometime soon, but the action will not stop there. There will DEFINETELY be another run in this same quarter ((or maybe at the worst in the very beginning of next quarter)) where SPAR will go on another run where right after it will become the top loser.
