2006 - The return to profitability!

Fingers xxd .. did someone call my name?



SRTS - 19.00p .. thanks for the info on the 'mid Jan trading statement'.

I have just checked its WEEKLY movement chart, which shows a 3 mth 'triangulation' taking place, converging on the 20.00p level .. and guess when the convergence occurs .. yep, Mid Jan .. its also encouraging to see that its recent 'floor support level', features strongly throughout the chart, so it would appear to be a good 'strong' support level.



BigCharts plots the 'traded prices', and zooming into its movement of the last month, it can be seen that the price has been consolidating sideways with a 'selling low' of 18.00p, and a 'buying peak' of 21.00p ..



Stepping back to its 'triangulation period' of the last couple of months, it can be seen .. that if the formation is to continue, then its recent trading range is going to have to start closing when the market re-opens .. if one of the trend lines should be broken, then this could possibly provide an advance indication of what is to be expected from the trading statement.



If you are following this one closely, could you please highlight it again during the first week of Jan, as a reminder to review it again .. it appears to be 'building itself up' for some good movement, so it may be time to get my certificate out of the bottom of the box, and blow the cobwebs off again :-)