I must confess I have been thinking why there has been no sell off (been bothering me). Then it occurred to me there was quite a bit of selling at 23.5c - 25.5c. I believe the day traders etc sold out at this point but the great news is someone was there buying huge amounts of shares in fact taking out whole lines yesterday. They just simply soaked them all up.
Hence I think we've already had our profit taking yesterday and as someone is really accumilating this bodes well for today. Doubt there will be much profit taking now until the next level. I would love to be a fly on the wall because it sure looks like something is on the way. Good luck to holders let's see if we can take a shot at the 30c mark today.
SDL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
