The Long Investor
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$SG - WATCHLIST -
🕑 Added 2025-02-28 21:00:39 +0000 UTCI will be watching thing closely now, as we have a Cup and Handle formation and a pull back exactly to the 0.618 Fib at $20.91 and a bounce so far to $23.91 today.
This is a formation we have seen work out very bullishly lately and I will be watching for a reversal here next, with a series of higher highs and higher lows and moving in an impulse wave next.
In the short term, I would expect a reversal to the 200 Day MA at $32, clearing this level and then a return to the blue line at $39 is possible, once $20.91 holds.
Comments
Nick E
Looking for that second chance at $20.9
Brian Delaney
Their salads have gone to hell, but there’s always a line and you can’t hate on that C+H and potential 3x return
