SDL 0.00% 0.6¢ sundance resources limited

fascinating chart-where to from here, page-24

  1. 6,816 Posts.
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    Agree Sid - the .12 was likely going to be a distribution price point given the CR. It looked like it was taken there by some big players.

    7 - 14 mid point as you say is .105 which is also support form a while back. It has a good base so good chance of holding. The big money is good with false breaks and painting pictures on this stock given that there isnt much retail play. The close of the day is tricky too as continuation patterns either way are jolted into reverse.

    I doubt this is a full retrace froom a TA perspective but pie in the blue sky is even more remote IMO.

    I agree with the .20 target for fundmaental and technical reasons.
 
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