sgx chart

Heres my interpretation of the chart:

I think its got strong support here around $5.20....Its respecting the 200MA, is well below the middle band of the bollinger, and has obviously retested $5.20 a few times and consolidated nicely there. I think it will trend up along the trend line shown with a target of $6.40.....POG needs to hold up obviously. On the weekly chart we have a doji star which is absolutely bullish from here IMO.....and a sure sign of upside over the next week or two.

[URL=http://img523.imageshack.us/i/sgx.png/][/URL]

[URL=http://img29.imageshack.us/i/sgxweekly.png/][/URL]