A 4 year double bottom reversal for Serco. But is it ready to reverse back into an uptrend?
Couldn't help noticing this incredibly long flat correction for this UK plc with a possible (if not a little tenuous) 5 waves up from the lows.
The change of management of this british outsourcing company has stated to pay off. In his previuos C.E.O possition, Mr. Rupert C. Soames took Electrocomponents to the next level. The market has not yet fully understood Mr Soames team potencial to turn SERCO GROUP around. There is still a lot of work to be done in order to clean up the balance sheet and increase...