RickyCadan
Long

SOGO - Potential IH&S forming new Wave structure

NYSE:SOGO   SOGOU INC ADS EACH REP 1 CLASS A ORD SHS
This is my plan on SOGO . This could form the Inverted H&S that we want and start a new wave structure :)
I will Look to place a Limit Buy with Call options.
I think its a buy from these levels here. Thoughts...?
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Stopped out :-)
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Thoughts on this?
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@ivanyeh, if we close below 8.88 then we will head lower to the 7.90 level. But we are at support, so it will most likely fill this gap :-)
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I like it ! Potentially get an entry this week. A re-test of last week's high would be expected (weekly doji candle breakout today). I'm setting an alert at 11.36, then I'll start looking for calls. Are you thinking Aug $10 calls?
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@Red_Ben, sure am mate, August $10 Calls with Limit buy of $2.
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