4.22 is our pivot point.

Our preference: the upside prevails as long as 4.22 is support.

Alternative scenario: the downside breakout of 4.22 would call for 4.09 and 4.02.

Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day MA (standing respectively at 4.3 and 4.3).

Supports and resistances: 4.65 *4.57 **4.5 4.32 last 4.26 4.22 **4.09 *

// TRADING CENTRAL is a commentary service specialising in technical analysis //

Our pivot point is at 4.32. Our preference: the upside prevails as long as 4.32 is support. Alternative scenario: below 4.32, expect 4.2 and 4.13.

Comment: the RSI is trading above 70. This could mean that either the stock isin a lasting uptrend or just overbought and that therefore a correction could shape (look for bearish divergence in this case).

The MACD is positive andabove its signal line. The configuration is positive. Moreover, the stock isabove its 20 and 50 day MA (standing respectively at 4.3 and 4.31).

Finally, SIA Engineering has crossed above its upper daily Bollinger band (4.47).

SIA Engineering is currently trading near its 52 week high reached at 4.69 on 01/10/10.

Supports and resistances: 4.76 *4.69 **4.62 4.47 last 4.37 4.32 **4.2 *

//TRADING CENTRAL is a commentary service specialising in technical analysis.//