Is SAI poised to trade higher from here?
Investors in SAI Global (SAI) were relieved after last week’s results to see earnings exceed previous guidance. The stock has fallen quite a way since private equity’s proposal two years ago saw the share price exceed $5. With the company undergoing a transformation and believing that the worst is behind them, do the charts tell us whether now is the right time to get involved and enjoy some significant upside? (VIEW LINK)
Michael Gable is managing director of Fairmont Equities. We are a small boutique advisory that uniquely combines both fundamental and technical analysis. As a result, our analysis is featured regularly in the finance media such as the Australian...
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