Trading a stock like SGH is akin to riding a horse in the Melbourne Cup. Go to early and you will fade to finish at the tail. Go to late and you will miss your opportunity. The Golden rule - count to 10 then go!
Yes the GAP has closed.
BUT
Of more significance today is the narrowing of the gap between the BID and OFFER volumes. For those of you who have followed SGH for a long time, you will understand the correlation between this movement and the appreciation spikes in the share price.
This does look to be shaping nicely for a solid reversal.
Back to Holidaying I go.
Peace
SGH Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held
