Technical DD by TradingFunds SRGE->MAJ
Post# of 9903
Posted On: 10/07/2012 6:32:05 PM
Technical DD by TradingFunds
SRGE->MAJOR TECH DATA SHOWS-> $0.765 to $1.55
LONGS IMPORTANT TO KNOW 3 YR WEEKLY CHART FACTS: With SRGE we are looking at $1.55 being the main target on the 3 year weekly or $.765 cents when using a simple 50% retrace to the 200 day moving average of $1.55 on the 3 year weekly chart ( SHOWN BELOW )!
Given that SRGE has been a long term chart collapse, the rise most logically can be seen as returning to a 3 year weekly 200 moving day average of $1.55 per share especially given the momentum and taking into factor the open air above 5 and 50 cents!
SRGE->MAJOR TECH DATA SHOWS 3 YR WEEKLY-> $0.765 to $1.55
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