SGC short idea

22 февр. 2017 г.

SGC has been rangebound from 16-20 USD since May 15. Earning reports is due soon and I would expect share price to test resistance at 16 USD. I will exit if price goes against me. I am bearish because there was extremely unusual sell volume in this counter in the past few days.
Please DYODD thanks.

23 февр. 2017 г.

Заметка

It didnt move down, I will monitor this stock. Might add long instead if bullishness is spotted in Thursday and Friday session.