Swing patterns are typical PnD patterns common with day traders cashing in. Our movement is not just from charters.
THIS MOVEMENT IS BASED ON FUNDAMENTALS. Our neighbours hold hign yield pieces of dirt and SUR's further acqisition's including more holdings in Delta oil are well planned strategic management decisions.
We are getting more publicity now, hence the increased interest in SUR.
Only a major downturn in oil prices will have a substantial effect on the SP. Having closed above .06 and bouncing back from the gap a new support level may well be established above .06 next week.
SUR has earnt this well deserved increase in the SP and I for one look forward to our future continued upward price movement.
GL all & have a great weekend.
SUR Price at posting:
6.1¢ Sentiment: LT Buy Disclosure: Held
