re: chart update - yuk This is a TA update from a research...

re: chart update - yuk This is a TA update from a research company

NOTE: We believe that the recent share price correction has been the result of the over reaction toward the potential
removal of NCP from the XJO Index. Given NCP futures contracts has little relevance to SFE’s overall trading volumes,
we suggest that the impact upon earnings is negligible, even if this occurred.
Technical Analysis
The SFE chart above has yet to confirm the support level at or around $6.04. However given the easing of the selling
pressure around the $6.00 level, there is the strong likelihood of a sideways consolidation pattern forming presently
between the $6.00 to $6.60 region. Hence we are revisiting this trade as a BUY on a share price break above $6.22, with
a potential target toward $6.60, which equates to a potential 6% return.