One for the "UPS" selected a bit earlier

SDY 29.875p ( 29.75 / 30p )
Reason : Breakout on the chart after going side ways 26 / 28p. news of wining a new contract yesterday after another last month and positive update from the company lately. Panmure Gordon has a target of 41p.

Intraday

2 month Candlestick with volume

3 month Bollinger Bands,RSI, S Stochastic and 50 days MA

Charts - 2 days

Is on the move up at both sides as large trades are showing on the ticker, at this rate the volume is going to be large

32p +2.50p - Volume and MACD crossing over very positive

results coming next week, any thoughts on which direction this may go, currently reistance at around 35-36p, will this get to 41 or go back to 26 ?

Worth buying at this level, imo. Target 34 - 36p.

any thoughts behind the continual drop, I apprecaite that the whole market is dire but this has broken through the 25p resistance level. Is it possibly linked to the cuts announced by the govt last week e.g. less infrstructure work ?

StockMarketWire.com
"Speedy Hire plc, the equipment hire group, reported sales in the three months to 30 June 2010 were down 0.7%, against the corresponding period last year.

At the UK and Ireland Asset Services division, which constitutes 95% of the Group, monthly year-on-year comparisons have also gradually improved in the first quarter.

Revenue in June 2010 was only slightly behind the same month in the prior year and exceeded 30m for only the second time since July 2009.

Net debt at the end of last week was 134.9m. Cash generation continues to be a key area of focus.

Overall, Speedy are trading in line with expectations, but improvements are dependent on a construction sector recovery and therefore they remain cautious. "

I wonder if this (& AHT) are worth picking up at these very low levels ready for the anticipated pick up in business in 2011/2?

Started to move, hoping it can hold above the 30p resistance level, anyone else in these and any thoughts on the share ?

Moving ahead, news coming, any comments ?