RE:Thoughts Lol, I love technical analysis! Based on some "pattern" We should see a jump next week. Uumm... or a major drop. Now add your option 3 "we got a flat stock" and I guarantee you one of your 3 predictions will prove uncannily accurate. Like you're psychic ! Forget the other two.
jumpin101 wrote: Based on how the stocks performed over the last 5 months, there is a pattern beginning to merge. Based on this info sgy has been flat for a full month jumped and repeated. If this is anything to go by we should see a Jump next week. Or the unfortunate happens and we see a mayor price/ share drop since it's been flat for so long because there has been a major decrease in avg stock purchases /day. Showing investors are losing steam.
positive - there is no obvious bull flag forming (was my concern) but instead we got a flat stock.