After tripling in a few short months, riding the wave of strong earnings, its time for
SG
to return to earth. Looking at the chart you'll see a gap that needs to be filled.
Valuation is a concern here and on that simple basis it should fall to lower portion of gap. Opening short position here similar to short in $SHAK. Will add to position as momentum to the downside is established.
Valuation is a concern here and on that simple basis it should fall to lower portion of gap. Opening short position here similar to short in $SHAK. Will add to position as momentum to the downside is established.