SGR Charting Thread 2024, page-49

Such little love, I should have been a Red Heart half a decade ago I don't expect LONGS to have liked my post but my fellow shorters? My instos? Guess in this industry it really is hard to give credit where it is due

SGR I shorted this stock on a Friday 19th Jan and 2 days later I did my chart thread here however recognising my own personal flaws I also wrote this on 22nd Jan


So lets just go over the facts this chart below was 19th January

This is me taking a -$181 LOSS on Wednesday 24th (although recouped and then some thanks to TYR



Stock price kept running, BUT I did not short it, I did not go long... I know my prices and would have loved to short, but opportunities for me were elsewhere.
Nonetheless just 1 month AFTER my exposé This is how the prices went.....


SGR Holders WISH they could take a -$181 loss as 90%+ of the entire registry is sitting on Long Time losses.

Anyways CHART UPDATE !!!!

For starters chart means nothing when my entire MACRO THESIS has played out. I called a massive sell off, I also called my own stock trade timing INCORRECT and that I would regret being a small account, being in too soon etc etc etc this can only happen when one KNOWS themselves!
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------Macro Thesis was alluding to a potential financing and capital raising. My macro thesis pointed 40c and a breach even lower.
Now that the stock has done everything I want for it to do, you cannot imagine my own personal conviction (albeit WILL CUT A LOSS IF WRONGLY TIMED
AGAIN)

Whoever the above analyst was, was spot on. Charts below show exactly the same thing for me.
Prices closed BELOW horizontal resistance (45c)
Priced closed BELOW Pennant Flag and Upward Trendline Candlestick is a DOJI,,, SMACK AT RESISTANCE this is a REVERSAL candle straight to the downside and that's why I popped off more shorts on this

Not to mention the Inquiry which ends 31st May , SGR will have NO CASH REMAINING by then and a financing is absolutely needed considering H1 Financial has been delayed... By the way whoever is the marketing person for SGR should lose their job. They are already in the papers for criminal activity, for fraud and here they are BLATANTLY telling the ENTIRE ASX that "We are a company that's happy to fabricate and change numbers AS DEEMED FIT for our agenda". What muppets!!! If this wording ALONE doesn't tank the S.P then chances are all holders will go down with this ship.


GOOD LUCK TO ALL HOLDERS - EVERY MAN FOR THEMSELVES BEFORE 35c to 30c is seen.

P.S when SGR hits 35c Market Cap will be $1B, that's fair enough for me and a swell return One last pic below who's valuation seems MORE accurate? Morningstar that hasn't changed it in forever, valuing it at $1??? OH WAIT they just upped it 8c LOOOOOOOOOOOOOOOOOOOOOOOOL clueless MUPPETS!


OR

Whoever the Screener Analyst is, putting targets of 40c!? What's more realistic,.....40c or $1??