AI
Sunday, December 11, 2011 7:02:28 AM
SUGO "Key-Support" was 0.003c >
and SUGO will move-up technically, to that 0.003c level, if for no other reason from here at 0.0025c, and make a person money, if they bought their shares at 0.0016, 0.0017, 0.0018, etc. up to 0.003c, because the stock should be able to get up above 0.003c, which is now resistance, and get to at least 0.0077c.
I notice, and maybe you do as well, that everytime SUGO goes under a recent support level, the stock then moves up to a pps amount which is at least a "double" of the intra-day low of the session, that went under the support level.
So, you can see that the 2-month support level of 0.003c, which extends back to the first week of October, had gotten broken the last week of November. The stock made a new low yesterday of 0.0016c intra-day. A "double" of that would be 0.0032c. So, we should be able to get to at least 0.0032c, from the current 0.0025c
SUGO, is just as good as any stock out there, if a trader is skillful enough to play moves in the stock such as I just described. All year long, SUGO has offered the chance to make money, to anyone ready, willing and able, to play this stock under these conditions, by BUYING under support, and SELLING above resistance.
The first week of August, I bought the stock at 0.009c, because it had broken the long-term support of 0.014c, which extended all the way back to December of last year. That's one of the reasons the stock went up to 0.026c two weeks after I bought it.
The week of September 19th, the stock fell under the 0.0041c support of August 8th. The stock, at 0.0032c on Sept.19th, then went up to 0.0087c.
Lesson learned....BUY at a pps under a support level, then SELL your shares at some pre-determined pps you have in mind, above that support level, as that now becomes resistance, and that is where the stock will encounter selling by the traders who bought under the support, looking to take their profits.
You get the point, I'm sure.
and SUGO will move-up technically, to that 0.003c level, if for no other reason from here at 0.0025c, and make a person money, if they bought their shares at 0.0016, 0.0017, 0.0018, etc. up to 0.003c, because the stock should be able to get up above 0.003c, which is now resistance, and get to at least 0.0077c.
I notice, and maybe you do as well, that everytime SUGO goes under a recent support level, the stock then moves up to a pps amount which is at least a "double" of the intra-day low of the session, that went under the support level.
So, you can see that the 2-month support level of 0.003c, which extends back to the first week of October, had gotten broken the last week of November. The stock made a new low yesterday of 0.0016c intra-day. A "double" of that would be 0.0032c. So, we should be able to get to at least 0.0032c, from the current 0.0025c
SUGO, is just as good as any stock out there, if a trader is skillful enough to play moves in the stock such as I just described. All year long, SUGO has offered the chance to make money, to anyone ready, willing and able, to play this stock under these conditions, by BUYING under support, and SELLING above resistance.
The first week of August, I bought the stock at 0.009c, because it had broken the long-term support of 0.014c, which extended all the way back to December of last year. That's one of the reasons the stock went up to 0.026c two weeks after I bought it.
The week of September 19th, the stock fell under the 0.0041c support of August 8th. The stock, at 0.0032c on Sept.19th, then went up to 0.0087c.
Lesson learned....BUY at a pps under a support level, then SELL your shares at some pre-determined pps you have in mind, above that support level, as that now becomes resistance, and that is where the stock will encounter selling by the traders who bought under the support, looking to take their profits.
You get the point, I'm sure.
