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Superscape becoming Supercharged?

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Devonlad - Thu, 22 Dec 05 :

SPS chart is now starting to look very interesting. The long term downward trend could finally be over, at last. It appears that at least a short term upward trend is developing having bounced from a higher low than previously, ok the low is around 19p but it does signal a shift in sentiment. Short term it looks good for a futher rise and today is a buy signal in my book given the previous sell signal last week. The SP is currently above the 20 day SMA and all other indicators are positive, especially the slow stochastic. I don't put too much weight on the RSI but this is definitely providing a buy signal, along with other indicators, I'll stick my kneck out and say this is a good buy with a low risk of decline. Still hold some long term as well as I'm sure this company will have a really good 2006 and hopefully remain independent.


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