Monday is going to be ?, page-23

I'm not too into the technical's that appear to 'blow your skirt up' and although it may go down on Monday here is why I think you are wrong:

Increasing buy side volume which is now 5.8mil units in volume vs decreasing sell side volume which is down to 1.8 mil units.

Friday demonstrated sellers were not feeling pressured to sell nor did they have the anxiety to sell like they had in the past. This confidence is creating the greater by side volume.

The price of 46c is still extremely low as compared to recent levels where the April 2 retrace went up to 68c.

So in reality when you utilise your brain to give you the answer and not some 'Slow Stochastic Oscillator' you can work out SGH is not oversold.

The party will continue Monday as long as a level of rationality stays in an irrational market.

Be prepared to hit 56c at least and a whole heap of short covering.