Potential Buy Alert

SDA – Speedcast International Limited

Stock : SDA – Speedcast International Limited

Current Price : 3.81

Status : Watching for higher low to build

SDA is looking good as buyers step up to the plate. We see initial signs of price pushing up out of contraction so we are now glued to the screen watching for a higher low to build. If the higher low plays out then its all about the buy entry. If all goes to plan then we expect to see buyers accelerate price to the 4.70 area