Tag Archives: SGY

SGY- A Missed Opportunity

SGY caught my eye after Thursday’s trading session when it closed at 7.10. Had a case for a potential long- bullish candlestick, oversold stochastic, and high relative volume. Looked like if it could clear Thursday’s high of 7.40 then it could get back to 8.50 pretty soon. For whatever reason, decided not to play this one. Then SGY has a monster day on Friday, at one point up over 40% and went as high as 9.95. Wow, what a fun one to watch, but unfortunately sat on the sidelines this time.Stock SGY