SDL 0.00% 0.6¢ sundance resources limited

broken out..19 to 21c short term., page-18

  1. 8,602 Posts.
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    Hi robbbbbbb.

    Can you please explain in words what you think is likely to happen with the chart?
    Is the chart saying if it breaks above a certain price it is likely to hit a certain price.

    I am trying to convince my wife about SDL.
    She pulls faces and indicates that I have no idea about SDL and what will happen if we get the announcement about off take and financial partners.

    I most probably have fewer shares than most on this forum as I have not been able to work for well over 12 months,so have no money coming in.
    My wife has a bit which I am trying to convince her it will make money.

    I have looked at selling some other shares I have that I will loose money on,but have shown my wife this afternoon the advantage of putting that money into SDL because of the likely gain on announcement.
    BRM and UMC I think will be good,but will not move in comparison to SDL on announcement of off take and financial partners.

    Worked my figures on buying price of 13c & 15c price range and going to a range of 30c - 45c and 50c.
    I think they could even go higher.
    I could be delusional as well.

    Would really appreciate your opinion about likely scenarios.

    I understand it would only be an opinion and not advice.

    Regards
    Westcott.
 
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