SGW sons of gwalia limited

Hi SabreWell as I said a couple of days ago, I jumped on SGW as...

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    Hi Sabre

    Well as I said a couple of days ago, I jumped on SGW as a momentum trade. The momentum didnt carry and I stepped off this little train at my stop.

    Looking at the chart since then, it has formed a flag pattern. This is generally a bullish pattern. I calculate that the flag pole = 49c, therefore if the stock breaks out on the upside from this pattern (it has to either today or Monday IMO), then my short term target is $3.49/50....

    But this is only one dudes view. Hope it gives some food for thought.
 
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