Yes agree with you Christianp, for it to be a confirmed double top it would need to take out the $3.70 low, just because it has hit resistance and pulled back a touch does not mean its all over.
Mikee, you said, "Moreover, they have been very secretive as to where this upgrade in profit is coming from. If it is a one off (such as a lower tax rate), expect the stock to tank."
Yes agree with that comment, although as was mentioned in the AFR, the CEO knows how badly things have been managed in the past, and it would be a very foolish CEO to make upbeat statements ahead of the report, and pull out a one of that would make the SP tank,....AGAIN.
But of course he could be foolish? we shall see.
Cheers
SYB
symbion health limited
