I'd expect a good rise into the actual numbers in November. However, I didn't like the question marks over the profitability of the international business. The buying over the last couple of days prior to the trading update was a bit predictable, and I'm guessing the rise didn't happen, so people bailed.
From a chart perspective, SDY confirmed a bear cycle, so based on logic, now looks like an initial target of 57.95p and if broken 53.65p. This would have the benefit of closing the gap at 55.75p. I'm hoping this bit of housekeeping prior to the Nov update.
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