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Analysis: #NYSE $SOGO

Case 400 #Sogou Inc.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#SOGO 1/4
Chart 1
Weekly Chart: June 2020 strong up move has seen price hold above Mar. 2019 #trendline and close above channel top 5.53. An unfilled gap at 7.93-5.88 exists. Firm #resistance is seen at the #Fib. 0.618 and .....

SOGO 2/4
..... sloping synthetic trendline at 10.71-11.42 respectively. A close above 14.77 targets 17.64-18.33 further out 20.52.

SOGO 3/4
Chart 2
Daily Chart: Positive #momentum has been rising since June, the main #SMAs rising with good #support at 6.59-5.50 then the May 2020 trendline at 4.89.

The #Strategy is printed on the image.

$SOGO 4/4
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