For the last three days, Tickeron A.I.dvisor has detected that SOGO's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for SOGO, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. Tickeron...
Sogou Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company
The Company expects that a special committee of the Sogou Board, composed solely of independent directors, will consider the Proposal Letter and the Proposed Transaction.
Another candidate to buy today.
What we see on the chart:
1. We see a strong level 4.41, which was formed on February 28.
2. We understand that this level is formed be the Limit order, because there is confirmation on June 16, 17 and 19. Obviously, there is a of the size.
3. Gaining long position under the level.
4. Yesterday we made a breakout,...