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SKYSHIP - Thu, 27 Dec 01 :

IMHO - on both "line" and "point & figure" HTH has been developing an extremely supportive and extensive base formation. In both disciplines it is in the process of breaking the long term downward trendline. There could be a final pullback to 8.75, but I wouldn't bank on it - esp. with the New Year tip season almost upon us. Furthermore, 10p is no longer the hurdle. There was very little action at that level on the way down; and any overhead supply will have been absorbed over the past 6 months..

The target is now for a quite rapid move to 13p, then on to 17p within 6 months. ANY OTHER CHARTISTS OUT THERE WITH A VIEW ON THIS ONE - IN MY VIEW IT LOOKS LIKE A CLASSIC BREAK-OUT.........SKYSHIP


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