As far as the SGP long term technicals are concerned, this monthly chart did tell us a nice story a while ago (Feb. this year to be precise). A major breakout in a major time frame monthly.We have seen a retest (BUC) and it may be gearing up for it’s next move. A nice up trending channel and a support test which held so far. Drill it down on the daily/weekly time frame if you wish, for a little TA exercise.
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