Jul. 10 at 7:47 PM
$EGG $BSGM Let me take you guys through my thinking on EGG & why I'm bullish to %15 still in this stock. I have two screen shots showing 1 month of price movement. Both show the "Cup and Handle" pattern from the peak on June 18th & July 9th. The stock is still in position and in an upward trend. I believe the next time EGG runs it will be over the ATH of
$13.88..
I called a conservative
$15. It didn't play out today but the set up is still there. Any news coming from EGG between now & then - all bets are off. This could go to
$25 or
$30.
No one is paying attention to this stock which is when you'd want to build a base. This is how I analyze where I put my money. There's always a reason. I'm not just "making statements" & pulling shxt outta my ass. Hope this helps you SEE what I see. NFA.