The_Patterns_Guy

#SGY #stock #long

NYSE:SGY   None
On the daily SGY looks good. All indicators are leading up. On the chart the price action has formed double bottom and a bull flag within a rising channel. This stock likely has a lot of room to run.


weekly
on the weekly the indicator also look good. The OBV is especially supportive. Notice the price action is moving into a rising channel.

Monthly
notice on the monthly the chart the dichotomy between the indicators and price action on the chart. The indicators are all surging, but price is flat. This suggest momentum is building in a way that one could not see if they looked at price action alone.

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