Sterling say cash flow will increase by 400% in 2006

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donaferentes - Fri, 29 Dec 06 :

On simplistic TA the double bottom (Sep + Dec) at 16p with a median inter-trough high of 19.75, suggests we are heading towards 19.75 (19.75-16) = 23.5p - IF we break through 19.75p. That's on interday values. Taking EOD values we are heading towards 19.25 + (19.25-16) = 22.5p - IF we break through 19.25p. All above are mid-prices.

By the same token, if we breach 21p on this current upward leg, then we should get back towards 26p. IF . . . . etc, etc.

Or not.

But it does seem as though there is life in the Owd Dog yet.


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