SIP - Sigma Pharmaceuticals 15/2/2006.

 I bought this one a couple of days ago @ $2.61 when i noticed the increased volume + divergence + on a support level. MACD fast and slow lines apear to be crossing also. Today was looking good, but then was sold back down on light volume early. Once price got back down again i noticed several crossings at the lower levels. I'm guessing the big boys were not ready to let it go just yet. Should price close below the trendline i'll stop out... but that divergence highlighted in blue (remember, RSI works off closing prices), coupled with the buying interest makes it interesting.

This is a simple Trade setup using Oscillators (RSI + MACD), as well as Volume, and Rising Support.

I'll use this trade as a CFD example: Bought 20,000 CFD's at $2.61. Cost to place the trade is $5,220 for margin. Short term target is $2.80, if target is hit, this will result in a gain of $3,580 net profit after brokerage. which is about 68% return on investment. Even half those figures would still be a nice result - 10,000 CFD would cost $2610 margin and result would be $1790 net, and less risk if we do have to take a stop loss.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.