Super Group from TA from of view is still on a down trend mode as reflected from the chart . It has been on drifting lower from the high of $1.50 on 20th April 2015 and closed lower at 72.5 cents on 28th January 2016.
Current price of 72.5 cents is still hovering below both 14SMA & 25SMA lines which is generally quite negative. Good news is that it has more or less stabilize after hitting the low of 68 cents on 18th January 2016 and had managed to stay afloat above 70 cents.
MACD & RSI are showing sign of a positive divergence which may provide further indication that the share price may gather strength to head higher to test 80 cents.
Breaking out of 80 cents with high volume that may reverse this downtrend and provide further catalyst to drive the share price higher towards 87 cents then 96 cents.
EPS of about 4 cents . PE is about 18 times seem reasonable for a growth stock counter.
Yield is about 4.2 percents if they maintain 3.1 cents dividend for Year 2016.
(trade base on your own decision)
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