Dipped under support of .68 seen in the youtube presentation, and bounced nicely today.
Has dipped under support previously and bounced, so no surprises there.
If the charting tells me anything, its that SEA trades to it's own beat. Shares are tightly held, and I believe most holders think this has a lot further to play out.
With 114 wells planned (i think that's correct) for 2011, this one is more about fundamentals and proven business model, then support and resistance lines.
Glad I got on this one at 34c on the fundementals, rather then later on charting as indicated by dgoransson. (No offence intended)
Good Luck to all holders. Hope you didn't get shaken out this morning.
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- stocktake at 70c - lets look at the chart
stocktake at 70c - lets look at the chart, page-13
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