SDL 0.00% 0.6¢ sundance resources limited

retracement, page-9

  1. 1,538 Posts.
    lightbulb Created with Sketch. 3
    Thanks Felsmad.
    Bigstar, very good work.

    Fibonacci Calculator
    High 30 Low: 22.5
    Expansion
    23.6% = 24 done
    38.2% = 25 done nicely
    50.0% = 26
    61.8% = 27
    78.6% = 28.5
    100.0% = 30
    138.2% = 32.5
    161.8% = 34.5 may hit 35 (treble top on 4 and 25 July 08) or 51.5c on 6 June 08 (only if it can beat 30c). But may not happen soon as long way before any production plus >2.5bil shares that market hesitate to pump higher in a short term. Look at FMS vs GIR.

    Good luck to L/T holders.
 
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