SCI 162.40
A Huge Breakout on the Cards,

On weekly charts, in the next few trading session i'm expecting a multi-week breakout at 170 levels. On last week and even this week still one day left resisting at the multi-week resistence. The good thing is that this stock is trading above the 40wma at 150 levels. In the past SCI sinked from 202 to 69 levels in early part of 2004, now trading well above the 61.8% fibo of 202-69 which is at 151. So keeping long in mind place the stop loss at 150 levels. And wait to hit the trigger of 170 levels once the 170 is taken off then i put my target of all time high that i 202.70. Anything below 150 it'll retest the multi-week low of 120 levels.