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Re: trader53 post# 20293

Friday, 11/04/2011 7:31:26 PM

Friday, November 04, 2011 7:31:26 PM

Post# of 60230
AmericanBulls says HOLD >

Our system posted a HOLD today. The previous BUY recommendation was issued on 11.01.2011 (3) days ago, when the stock price was 0.0045. Since then SUGO has gained 71.11% .

The previous SELL-IF signal is now null and void. We allowed two days for the confirmation of the bearish pattern and market denied confirmation. None of the three bearish confirmation conditions were realized.

Continue to hold the stock and wait for a new signal.

Do not bother yourself with further buying or selling as long as the HOLD tag stays. Keep away from short selling as well.

Today a White Candlestick was formed. This represents normal buying pressure.

http://americanbulls.com/StockPage.asp?CompanyTicker=SUGO&MarketTicker=OTC&TYP=S




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