SCB : Primary uptrend broken, sub 100 prices not far off
September 22, 2011 Leave a comment
SCB has had a great run and does have support just above the 100 mark. However we expect it to fall to 97 or so shortly, and could retrace right back to between 80 and 85 during Q4. Like most stocks, we are sellers on the rebound and expect lower prices in coming weeks.