Thursday, July 29, 2010

Sugar tracker (SGG): an update


Since I bought SGG for my portfolio on June 11 at a price of $43.2 (link to post here and here), this ETF is already up 25% and is now priced at $54.07.

I am raising my stop loss from $38 to $48.

See the above chart: next target is the 200 day moving average at a price of $58.

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