Andre
I dont think anyone here has ever technically called SDL correctly, nor do i think technicals have any real impact here on SDL..
I cant see it falling much more, or on the flipside going above 12c in the short term either.
Theres always a reason why and why not after a price movement to justify the movement for or against.
But if you were trading tech do you see 12c or $1.66 as your short term target?
SDL needs a fundmental event for a positive price catalyst to see it above 12c+
That will be the EPC Stage 1 which i think is 6 - 10 weeks away, and may see the shares move 20-30% from here to 12c- 14c..not much more i would think unfort...
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