Looks like tomorrow is the day we technically need to see a close above 20.
As it has been one week since break down from 20 and there was no trigger to reverse that.
So if they come with ANN as usual before market open, looks like a gap up and go day
with a close at highs of the day on massive volume.Rise could be anywhere from 25 % to 300%.
So looking for a gap up and go day on massive volume and close at highs of the day.
IF THIS DOES NOT HAPPEN and we see a fall and no recovery from there, then expect the stock to rot for months and further price action to be dictated by news/triggers with a bias to continuous downside..........may B even break down of talks with banks and end of SGH in current form.
SGH Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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