Breaking Alert: Epic Bounce Play Following SAGD's 3,225% Run!

SAGD's $120 billion market is about the hottest thing going. Now Barchart says it's Short-Term is 80% Green. Don't Miss This Profile!

Hi,

As I'm sure you know by now, we're on a massive win streak and as such, we have taken a couple of weeks locating tonight's new play - we wanted to make sure our next play was something quite special.

Before we get to that: today we watched a play that we profiled last month at .24 reach 1.48, that's a run of 517%, so a round of Congratz to you all.

Tonight we have our eyes set on what could be the next beast - an epic runner.

Important: Tonight's play SAGD is certainly no stranger to Big Rallies:

One month ago it hit a low of .006... then it began to skyrocket...

... on Friday of last week it hit .1995 (completing a run that nearly touched its annual high).

That's a run of 3,225%. (yes, that's written correctly)

Today it dipped, and with that dip a door could have opened that is very much worthy of our attention.

SAGD - is an impressive young company in a $120 billion industry (more on that in a couple minutes). After hitting .1995 last week it slid abruptly all the way down to .10, where it closed today.

In doing so it set off indicators all over the place and is now Screaming Green for all terms!

Barchart Opinion is an 80% Short-Term Green and Strong Green Overall!
See it here: Barchart's Strong Green Opinion

And if it bounces from here, watch out, we might see that Monster Move we're looking for!

It's done it before. Could it do it again?

The 52-week high is .20, which it tested just last week. A return to that level could yield up to 100%.

If it breaks through... who knows where this thing could go!

Do I have your attention?

As I said, tonight's play is very worthy of our attention... but these numbers are just the beginning, SAGD has A LOT going for it right now, so let's get to it:

Tonight's new play is 
South American Gold (SAGD)



Company Website

SAGD Quote

Technicals

 

OK, there are two facts you need to know right away:

1. The US market for legal MJ is expected to hit about $7.1 Billion this year
2. Globally the value of the legal MJ market has been estimated at as much as $120 Billion

As we know MJ is THE hot topic right now, and until tonight all of our MJ plays have been focused on the US market.

Tonight, however, our scope expands greatly to a play that is focused on a much, much bigger picture:

So let's get straight to the point, as many as 164 million people use MJ. While much of the focus has been on the U.S. market we are starting to see some dramatic advances in South and Central America.

This has been led by Uruguay, which became the first country in the worldto fully legalize the cultivation and sale of MJ, be it recreational or medicinal!

According to recent news, MJ "production at the first two government authorized facilities started in Uruguay."

SAGD is focused on becoming the premiere provider of value added products and services for the cultivation and processing of MJ for the South American medical and recreational markets with an initial focus on the Uruguayan market.

On Monday, June 13 SAGD laid out a comprehensive three-year plan that outlined their strategy and it begins with focusing on serving the growers of the ever expanding MJ industry within Uruguay and then expanding into additional markets and opportunities.

SAGD's newly appointed CEO Cynthia Berain shared the vision in Monday's press release stating, "We believe that our company can play a vital role in helping the commercial growers improve the quality of their product and the profitability of their enterprise. Then, as the market grows, we will have developed a solid reputation with the present growers and suppliers of the finished MJ products and be ready to serve future markets, along with new growers and distributors."

See the complete news release here:

South American Gold Corp Reveals Strategic Three-Year Plan Within The Cannabis Industry


So what are these future markets?

Well the MJ industries in South and Central American countries like Argentina, Mexico, Brazil and Chile are experiencing significant growth, thanks to shifts in public attitudes, legislative developments and a greater awareness of MJ' medicinal properties.

As SAGD focuses on providing education and specialty products to Uruguay's growing legal MJ market, the intent is to give them a foothold in the region which will support a much broader initiative, that being to capitalize on the opportunities in these other countries.

Before we look too far into the future it should be understood that what's happening in Uruguay is very real. In fact MJ production at the first two government authorized facilities started in Uruguay just recently and there could be a tremendous opportunity for SAGD because the country has yet to open up for bidding licenses to produce for the therapeutic or medicinal market.

The future for SAGD is certainly looking bright and Berain is confident that their plan will lead them to success, "Uruguay is making major strides to be a top player in the growth of (MJ), with talks within the country looking to potentially enter into trade agreements for the export of medical (MJ) to its trading countries."

Now that's a major future catalyst to look forward to!

Highly impressive stuff for a company that closed today at only .10.


Conclusion

Tonight's play has a history of major moves... in both directions:

After an epic run it seems some profit taking may have led to a major slide today.

SAGD is about as fresh as they get and yet we've already started to see major news released over the past month... and it's been impressive.

Last month the company commenced production. According to recent news, sales are "expected to begin as early as June of 2016."

Well, June is here and now we're looking at a Ground Floor Situation that appears ready to explode!

Could we see the return of past highs?

StockTA lists 6 levels of support and only 1 level of resistance. Tonight we could have our eyes set on the next monster!

Make sure you put it on your screen right away.

At .10 there could be a very large upside.

If we see it test the 52-week high again we're looking at the potential to see triple digits... 

... and if it were to break through that level, the sky could be the limit!

We urge members to take Swift Action, start researching SAGD right away.

As always, we encourage you to do further research.


Enjoy your afternoon,

NewPowerAlert Team 

 

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