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ArthaVidya
Jun 10, 2018 8:38 PM

SGYP Is Setting Up for A Big Move! Long

Description

SGYP seems to be setting up for a big big move. The Squeeze Momentum Indicator has been forming a triangle which is now about to close and the crosses in the indicator have been black for some time meaning that a release of the squeeze should be about to manifest. My guess is that spike will be to the upside, and it could go as high as 3.60$ (90%+ appreciation), which is the 0.382 retracement level of 17's highs and the 1.618 retracement level of this year's highs.
Comments
Brandoo
Nice observations. Looks like a strong bottom at this point for huge reversal
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