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SLGD bottom bounce chart with revs and profits
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Good Morning, Are you ready to play with some liquid G0ld?
I ask that question with all seriousness, the company which I told you
about yesterday is called Scotts Liquid G0ld, ticker: SLGD
Now think for a minute and tell me if you have heard or have seen any
of their products:
- Scott’s Liquid G0ld ® Wood Cleaner and Preservative
- Scott’s Liquid G0ld ® Floor Restore
- Scott’s Liquid G0ld ® Wood Wash
- Scott’s Liquid G0ld ® Dust ’N Go Wipes
- Touch of Scent ® Air Freshener
I hope you recognize at least one item on that list, you can even use
their store look up to find a local retailer that carries their products.
SLGD is also boasting an impressive fundamental line up:
- SLGD reported $7.5Mill in revs in their last Q
- SLGD reported $3.2Mill in Gross Prfts in the same report
- SLGD has products on the shelves across the nation
- SLGD has a TINY Float of only 6.68Mill shares.
I hope by now you are starting to see the bigger picture here, and
now we get to the best part....SLGD's bottom bounce chart:
 RSI - Moving up from oversold into soft breakout. Bullish
Price - Trending on solid support & previous breakout point.
MACD - Trending under the zero line. Bullish
Acc/Dist - At rock bottom for over 6 weeks. Bullish
If you look back at the 12 months chart, SLGD is not just a pretty
chart with great fundamentals, this bad boy can move, were talking
double digit moves on light volume.
Now, SLGD is trending on a solid support line at 1.20 with the bollinger
bands forming a consolidation formation along with the 200ma and
50ma working to form the G0lden Cross indication which chart traders
go insane for.
So, lets recap, we have a Tiny Float, bottom bounce chart on which
four of the major indicators are all bullish, showing impressive revenues
and profit year over year....no wonder its called Liquid G0ld.
Start your research on SLGD right away and enjoy. Sincerely,
StockHideout
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