IMO, it really needs to go beyond 93c for us to start seeing it go well. The 3.33% + close today was a good sign, but im still not sure if trading is strong enough to force the price to continue upwards. As stated, the RSI looks to be improving which is good. Other volume indicators such as the Stochastics and MACD suggest the beginning of such a movement, but at the moment it seems quite weak? Fingers crossed it will strengthen and improve over the coming week...time will tell.
I also found it interesting that Morgan Stanley placed a price target of $1.13. They seem to think a 12 month period would reveal the full extent of price reforms on the company. Still, an entry now at .93 would give roughly a 20% gain if the MorganStanley target were reached.
DYOR ;)
SIP Price at posting:
93.0¢ Sentiment: Buy Disclosure: Held