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  4. ProGreen US (PGUS) Message Board

$PGUS That smartypants Waldo, he's at it again htt

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Post# of 597
Posted On: 10/04/2016 3:38:19 AM
Posted By: MoneyForNuthin
$PGUS That smartypants Waldo, he's at it again 999797124_Waldo.jpg ! I knew there was something familiar about this chart pattern and Waldo reached out to make sure I was paying attention. He reminded me of the RXMD breakout with this pattern after he told me about it in January:

http://investorshangout.com/post/view?id=3523929

http://investorshangout.com/post/view?id=3461645

I have to admit, Waldo's got an eye for this - the first chart (PGUS) sure looks like the second chart (RXMD), and the third chart shows what happened when RXMD broke out for the continuation run. Looks like a repeat performance that could outperform the first one!

But Waldo wanted me to remind others that it's always good to do your own DD. I started in April, long-term hold for me, my second only. (besides, a little bit of DD on businesses like ProGreen (PGUS) or Progressive Care (RXMD) will give you the confidence to take 10x the position and hold for 300-500% gains to give you what you can't get from SFOR's and SGBY's when you cannot otherwise know what's driving them)

1492625538_20161003PGUScontinuationpattern.jpg

1157672543_20161003continuationpattern.jpg

658511339_20161003continuationbreakoutrun.jpg


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