Pupm&Dump trading strategy idea.
$SGBX is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $3,06;
a stop-loss — $3,52;
a take-profit — $2,60;
Do not view this idea as a recommendation for trading or...
To the all Fan, Profit was taken recently.
I believe in that company and it's potential.
I'll keep on following and a new entry here will be carefully examine in coming days.
Not for any advise,
Just an Idea,
(I do suggest to take profits.)
Above 3.26 (price closing), can leads to an "aggressive takeoff"
Below 2.35 is a danger zone.
I tend to trust on CCI indicator with SGBX case.
Let's see how it goes next week
Not for any advise
Just an Idea.
SG Blocks, Inc. (Nasdaq: SGBX) ("SG Blocks" or the "Company"), and Transcend Onsite Care, a cutting edge provider of on-site point of contact medical care, have executed a Memorandum of Understanding to provide joint products and services. SG Blocks is a premier provider of code compliant container based construction and can create turn key solutions for the...
SG Blocks, Inc. is a design and construction services company, which engages in the business of providing code engineered cargo shipping containers for safe and sustainable construction. It redesigns and converts heavy-gauge steel cargo shipping containers into safe green building blocks for commercial, industrial, and residential building construction. The...
Recently regained compliance with NASDAQ. Declining volume and trending down. Has touched down at $2.35 previously and is sitting on it now. Also trapped by the 50d MA. Need some positive PR or some volume asap. If it doesn't hold $2.35 I would imagine this will be making new lows as the market continues down.
Any ideas?
Also published on wherethereiswifi.com
SG Blocks, Inc. is a design and construction services company, which engages in the business of providing code engineered cargo shipping containers for safe and sustainable construction. It redesigns and converts heavy-gauge steel cargo shipping containers into safe green building blocks for commercial, industrial, and residential building construction. The...
All these penny stocks are primed and were in euphoria market right now. Everything is pumping which is absurd but will take profits until its not pumping. Check my page for other stocks Ive caught run up 50% + in the past month.
My only advice is make sure you take profit!! Some realized profit is better than losing money and we're all here for one reason.
