STTCOMP SGH TA LONG
Company snapshot
SP 1.10
MC 152 MIO
52 week H - L 1.49 - 44 cts
SOI 138 MIO
SGH had a nice breakout around 90 cts and moved quickly towards the 1.50 mark. After the earnings report which was not bad we saw some profit taking. I see a base building around the 1 - 1.10 AUD mark before attacking the 1.50 mark again.
SGH has broken downtrend around 80 cts, built a W formation which looks quite bullish.
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