SP1 southern cross payments ltd

Something up?, page-7

  1. 6,732 Posts.
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    It's kind of a heads and shoulders pattern which has gone from 33 to 51 (difference 18).
    Breaking out above the pennant would give a target of 51 plus 18 = 69.
    Breaking below the pennant would give a target of 33 less 18 = 15 (ie. back to where it came from).
    Can't see it doing this. It would find very, very strong support at 26.
    The most likely scenario is a break upwards.
 
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