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Re: trader53 post# 31817

Friday, 10/12/2012 5:05:25 AM

Friday, October 12, 2012 5:05:25 AM

Post# of 60150
$SUGO now ready for Wave 3 !!

The 10-Q is due around October 15th
http://ih.advfn.com/p.php?pid=news&symbol=SUGO




Minor Waves 1 and 2, now complete.

The "5-wave impulse sequence",
(People buying on impulse)
from the low of 0.0001,
up to the high of 0.0008,

was followed by an A,B,C corrective move-down,
(People scared and selling, and profit taking)
to the intra-day low of 0.0002,
and closing low of 0.0003,


a 62% retracement,
of the 1st Minor Wave,
(0.0001 to 0.0008),
in what will be,
a series of "5-Waves".

SUGO now ready for Wave 3










Catalysts for SUGO's Price Climb:

5th Target -----> 0.02 < Debt Settlement
4th Target -----> 0.01 < Will receive Financing
3rd Target -----> 0.006 < DTCC Eligibilty Status Restored
2nd Target -----> 0.003 < DTCC Chill gets lifted
1st Target -----> 0.0018 < Gold's price heading for a New High in December!


$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
> 50 % = 0.0009
> 38.2% = 0.0006 <-- Has Hit !!


http://www.allotcbb.com/quote.php?symbol=sugo