Second Chance (technical)

Second Chance: stock has bounced off the $0.42 support level, and appears to be resuming its upward trend. Indicators point to positive near momentum, as Stochastics have hooked back up from oversold levels, MACD is about to initiate a positive crossover, and RSI is continuing its upward climb. A break of the resistance at $0.45 (all time high) would mark this counter as a bullish breakup candidate. The co reports its FYAug12 / 5QFY12 results on 18 Oct.