are we about to break out..., page-13

butchy, as a technical trader I do not concern myself with fundamentals too much. Neither do I concern myself with things like market depth (which can be the biggest lie known to man) or intraday swings of 1 or so cents.

What is important to me is that after much consolidation SDL has managed to break and close above 18.5c. That is the line in the sand...I would not like at this stage to see a close below that.

So now maybe SDL will shoot straight to 24c or maybe once or twice more it will retest the 18.5c line before moving up. That sort of action happens all the time when prices are moving either up or down. 18.5c resistance has been broken... it is not unusual to see it now tested as support. So far support at 18.5c is doing a bang up job.