Yes, it is a very "controlled" situation. I very much doubt that we will break a key support line given imminent news. Anything can happen but watching the screen today, it definitely looked like a "take it to support and close out as much as you can while the big boys are on holiday" sort of play and see what happens Monday".
I bow to the TA guys, but to me , this looks like a mid point pivot to .80 ish. Also, bear in mind the cycle maths. .15 - .30, .30 to .60. .60 to? All good.
SDL Price at posting:
59.5¢ Sentiment: LT Buy Disclosure: Held
