EleganceTrader
Long

Buy SGH here or closer to support at $27

NASDAQ:SGH   SMART GLOBAL HOLDINGS INC
I think earning sell off was over reaction. Buy here for mid-term hold and price target of $45.
RSI also at over-sold area.
Fundamentals and earning were good as well.
Or wait and it may go down more closer to $27 and buy there.
Put stop-loss at $26.
Comment: SGH has built a good support around $30. If you haven't bought yet, it is good place to enter.
Put stop loss at $29.50.

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