It appears we are trading in the consolidation range of $1.50-$1.65 range.
After reviewing the daily charts, we may trend lower, before we continue our ascent, but if we continue in this consolidation range for another few days, with little dips down to $1.40 area, we may head further up the chart if volume continues to increase. We shall see...
SRGL is trading above its 13 day moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock. SRGL is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold. The MACD for SRGL currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher. The Fast Stochastic Oscillator is registering a minor bearish signal. The 6 Month Chart looks very bullish.
IMHO
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