SWK 7.14% 22.5¢ swick mining services ltd

announcement due on american contracts, page-10

  1. 17 Posts.
    This is my impression ...

    The SP is coming to the junction of a long-term (pre-GFC) down-trend and the intermediate-term up-trend in the next week or so. When it does, the SP will follow one of those two trends, probably the intermediate-term up-trend :), and especially so if company management play their cards right and provide a positive news update. Positive news on North American contracts would be perfect!

    SP needs to break throuh 0.60, after which the next stop is about 0.70. After that its 1.00 :) :)

    P.S. Some of my line placements on the chart are a little out.

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