Wednesday, March 14, 2012

Hour Glass

Hour Glass appears to have broken out of recent mths high of $1.28. RSI and Stochastics are still pointing upwards with no sign of reversal yet. See near-term resistance at YTD high of $1.33.
Fundamnetally Co. has been quiet on the corporate front apart from a strong set of 3Q12 results which saw Rev at169.7m, +18% yoy and net profit at $18.1m, +65% yoy.

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