$SUGOis "the Next 2012 Gold Runner", going to 0.02+ Cents!
SUGO 0.0005 - We first alerted our readers of SUGO with the Bid at 0.00 and the Ask at 0.0001 cents several weeks ago.
Since that time, shares of SUGO have climbed to a NEW High of 0.0008. The stock suddenly broke out, giving our readers and easy 700% in gains potential, from our alert.
The Good News is, there is plenty of room left for SUGO to do what many traders failed to realize it is capable of, as it attempts to take a shot at becoming the "Biggest Gold Play of 2012" !
This Gold stock caught our attention, after seeing its dramatic fall from this years 0.0018 cents High, in March. This is a stock that once traded in the 0.60 cents range several years ago.
The good part, is with the recently released PR from the company, SUGO is on track, to break 0.01+ cents this time around.
Last years Gold Play leader, was alerted at 0.0004 cents. That undervalued Gold Penny Stock broke out, paving the way for traders to be the luckiest traders to grab a piece of the 9,000% in gains, when it hit 0.033 cents.
For those traders, who missed out on last years opportunity, SUGO will be the next best Gold Play to make up for the missed trade. Our target for SUGO remains at 0.02+ cents, which could possibly hit at some point in the weeks ahead, this year!
Take a look at the three SUGO Charts below.
As you can see the, the March High of 0.0018 is the next resistance level.
When this resistance is broken, we will see up to 0.02+ cents, meeting our target objectives, and making many traders wealthy.
SUGO officers should be buying back common shares soon because of DTCC CHILL Removed & Sungro Minerals Africa huge GOLD Mining projects & plans......those makes the huge move pps......IMO
A buyback would give the signal that investors seek that SUGO officers has confidence in the future SUGO management & development.
With a buyback,SUGO's stock can pop, run up to $0.02---$0.03/pps
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:
Market Data 
Markets 
AI
