This week will determine SID direction

This week could determine the direction of SID. SID finished the previous week bouncing off of its 34 week MA and support. Although it is falling off of a lower high, a break above 3.46 would be very positive. The daily chart shows a strong uptrend with SID finding support at its 34 day MA. The daily price is also coming off of a new high with strong relative strength. This is a good place to buy with a stop around 2.77 and a target of 3.77.

Comments, help and critiques welcome!