Signal Update
Our system’s recommendation today is to BUY. The BULLISH PIERCING LINE pattern finally received a confirmation because the prices crossed the confirmation level which was at 4.9400, and our valid average buying price stands now at 4.9484. The previous SELL recommendation was issued on 5/9/2013, 8 days ago, when the stock price was 4.9200. Since then SGU has risen by +0.58%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity.