SIA Engineering is currently trading in a Triangle with no clear trend on daily chart.  Weekly chart shows SIA Engineering is moving sideway. However, need to take note that SIA Engineering has been rejected twice at 61.8% Fibonacci Retracement Level on the weekly chart. Double Tops pattern can be seen on both daily and weekly chart.

• Current Price = $3.99
• Current PE = 16.28
• Rolling PE = 16.28
• Beta (75 days) = 0.17
• Dividend Yield = 5.23%
• XD Date = July 23, 2012

Things to watch out:

• Triangle support or Double Tops neckline is at about $3.90.
• Resistance at about $4.00 followed by $4.10.
• 2/5 EMA crossover and 20D SMA direction.

I am preparing for a bearish entry.