SDL sundance resources limited

the light at the end of the tunnel. happy day , page-9

  1. 3,245 Posts.
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    OK todays chart,

    First thing is - a strong close on good volume, bollinger bands opening heading north, MA bullish cross over confirmed today, I added two vertical lines 15oct and today, showing levels on RSI graph to show that there is room to run up to the .14c level before entering overbought territory. I do like that there has been a good consolidation period from mid December, and today appears to be a strong break from the 2 month period.

    Tomorrow will be telling who has control ie: a close above .11c without breaking .105 will give it to the bulls.

    In coming days.14c will offer resistance (should we get there). Time will tell how far a pull back could be, though I for one will be happy to see the back of single digits.




     photo sdl_ax_price_daily_and_relative_strength_index___daily___14_periods___wilder13sep13_to_19feb14.png
 
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