Published on Nov 1, 2013 2:51 am
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SAGD (South American Gold, Corp.) closed up 60% yesterday in a major breakout run on far higher than average volume. This came as a surprise to traders, considering that there had been no major developments announced by management, which has led many to wonder if there may be something on the way, sparking the sudden major increase in interest in picking up shares at this level. For the past week SAGD had been trading horizontally with no major swings up or down, so this sudden movement will definitely be tripping various trading indicators, causing more heads to be turned this way and watching the open today. If the positive movement is able to continue, it may suggest a continued bullish pattern but we will have to wait for the day to play out, to be able to come to those sorts of conclusions. For now we are just happy to see the strong movement bolstering investor confidence.
The move yesterday for SAGD was very impressive and for the duration of the year, we will be releasing numerous power plays, that we believe have incredible potential, just as SAGD has proven to. These special plays, yet to be announced, are expected to garner a great deal of attention from those most active in trading within the penny stock exchange and will be released to our exclusive platinum membership subscribers, before anyone else.
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