I had a look at SRP a few months ago because I thought it had potential.
I will declare ahead of time that I worship at the church of Stan Weinstein so my views are formed by his excellent work.
If you look at SRP using a weekly chart and view it over a period of many years you will see it move in classical stages of rises and falls.
It was in a healthy stage 2 rise from Feb 2001 to Jan 2002 and inevitably this run had to end. It moved into the necessary stage 4 decline and in Feb of this year into moved into a healthy stage 1 flattening.
The likelihood is that it will remain in this flat stage 1 for some time yet. The longer it stays in stage 1, the better the stage 2 rise will be when it inevitably comes.
Watch for the following for your trigger to buy SRP in vast quantities:
1) The 30 week MA begins to incline 2) The volume of trade dramatically increases. 3) The stage 1 ceiling from the previous x months/years is broken.
When these planets are in alignment then you're on a high % mover.
