Hi Guys, we have broken some serious support and have found some support at the 50 cent mark, no idea if this will hold, the next week or so shall tell, lets hope it does !
If ever sxy was a potentional takeover target now would be the right time to pounce, so oversold!!
But having said that, I am kicking myself as I have no spare cash to buy more.This is a once of opportunity to get dirt cheap shares, never to return to this level if support holds.
Check out my weekly chart
Hold tight guys
SXY Price at posting:
57.0¢ Sentiment: Hold Disclosure: Held