AI
Wednesday, October 03, 2012 7:50:21 AM
$SUGO 0.0005 - Analysis >
Ever since reaching the 0.0018 March high,
SUGO's Trend had been Down,
defined as a series of
lower highs and lower lows.
That "Down Trend" has now reversed,
as SUGO has now made a series of,
higher highs and higher lows.
The pps of SUGO bottomed at Bid 0.00 Ask 0.0001
Stocks that retrace 38.2% of a trend,
will usually continue the trend.
SUGO retraced nearly 50% of the down trend,
by reaching a high of 0.0008
The next targets for SUGO, can be seen below.
Fibonacci Analysis:
$Working from the "Price Pivot High" of 0.0018 <-------
that was set in early - March,
the below stated targets,
are reasonable to expect.
Retracement "Fibonacci" levels to look for as Targets are:
> 100 % = 0.0018
> 61.8% = 0.0011 <-- Next Target
> 50 % = 0.0009 <--- Nearly Hit !
> 38.2% = 0.0006 <-- Hit !
> 0.0005 Current Price <---------
http://www.stockta.com/cgi-bin/analysis.pl?symb=SUGO&cobrand=&mode=stock
Ever since reaching the 0.0018 March high,
SUGO's Trend had been Down,
defined as a series of
lower highs and lower lows.
That "Down Trend" has now reversed,
as SUGO has now made a series of,
higher highs and higher lows.
The pps of SUGO bottomed at Bid 0.00 Ask 0.0001
Stocks that retrace 38.2% of a trend,
will usually continue the trend.
SUGO retraced nearly 50% of the down trend,
by reaching a high of 0.0008
The next targets for SUGO, can be seen below.
Fibonacci Analysis:
$Working from the "Price Pivot High" of 0.0018 <-------
that was set in early - March,
the below stated targets,
are reasonable to expect.
Retracement "Fibonacci" levels to look for as Targets are:
> 100 % = 0.0018
> 61.8% = 0.0011 <-- Next Target
> 50 % = 0.0009 <--- Nearly Hit !
> 38.2% = 0.0006 <-- Hit !
> 0.0005 Current Price <---------
http://www.stockta.com/cgi-bin/analysis.pl?symb=SUGO&cobrand=&mode=stock
