Is SAI poised to trade higher from here?
Investors in SAI Global (SAI) were relieved after last week’s results to see earnings exceed previous guidance. The stock has fallen quite a way since private equity’s proposal two years ago saw the share price exceed $5. With the company undergoing a transformation and believing that the worst is behind them, do the charts tell us whether now is the right time to get involved and enjoy some significant upside? SAI seems to have formed a double low here on …