@@@ INVENSYS ~ BUY NOW SELL LATER (@35p) @@@

billdaly; where did you get this comment?


Investtech have signalled it!
Has fallen 53% since the peak on 8 Sep 2003 at 37.50. Shows a weak development within a falling trend channel. A further negative development is indicated, and there is resistance against the ceiling of the trend channel. It, however, gave a positive signal from a double bottom formation at the break up through the resistance at 17.23. Further rise to 18.18 or more is signaled. The stock is testing the resistance at p 18.00. This should give a negative reaction, but an upward breakthough of p 18.00 means a positive signal. High risk.