daytrading july 9 morning, page-44

Trees, SDL looks oversold at the moment, but had to stick to my stop and sell on Friday. I think a bounce from here looks right, but it might be regarding the 57c buy out, which could cause a bigger fall perhaps?

Benjie, I'm sure RMP will have a run into the 50c-60c range, which does price in a successful drill. With no other further drilling planned, they would fall, even lower than with the last drill. But I do find it odd they would drill again in a similar area unless something bigger would be there.
Having said that, RRS have made little/no recovery since the last drill, so it would make more sense to trade them leading up to TD, but the market's not taking a liking to them atm.