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