Tuesday, May 16, 2006

 
Trading Ideas & Picks

SGP Breakout
SGP broke out on high volume Monday, after several months of consolidation. From early September of 2005 until early March of 2006, SGP declined from a high of 22.53 to a low of 17.88. After reaching these lows, the stock moved into a period of consolidation until Monday, when it broke out on high volume. We view the breakout as a very bullish sign...
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