Sunday, June 01, 2008

SNC-TC Update for 06.01.2008


Monthly chart shows that my intial upside targets of $51 and $53 have been exceeded. No sell signal signal evident as of yet on this timeframe.

Weekly chart shows buyers came back into the stock this past week, as the bulls found support off the 8ema.

Daily chart shows a kicker signal candle pattern being created, giving a clue to change in investor sentiment, as the bulls gapped up the open on Friday's trading session. Look for signs of continuation for higher to enter long. No sell signal pattern evident as of yet.

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