SEN: Chart Breakout Possible...

Riz

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Screen (SEN) shot up +6.5 to 75 on news that it is to provide Southampton Container Terminals with an integrated CCTV security and traffic control system...

Chart now suggesting a possible breakout with RSI and Stochastics supporting that...

Riz
 

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SEN didnt succeed in breaking out then and tumbled down together with all other after Sept 11th incident, but been one of the quickest to recover...according to the w/e press set to announce major deal with the Italian police tomorrow...

Chart lookig quite bullish with RSI sharply ticking up after forming a 2 bottom and both stochastics ticking up...

Price currently at 62 short term resistance 65 which seems easy to break on monday, 76 is the serious resistance level to watch though...

Riz
 
Forgot to attach the chart :)

Riz
 

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SEN moved in the right direction ending the day up 10 (16.1%) at 72, next resistance level to watch as said in the earlier post 76

Riz
 
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