SEA sundance energy australia limited
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crossroads

  1. twinpeaks
    1,405 Posts.
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    11/03/13
    22:05
    Post #: 11524626
    Looking at the two month daily I see SEA at the crossroads. The recent rise has been on decreasing volume indicating a lack of willing sellers.

    Today was the first volume spike as shares hit retail accounts and the end result was an indecisive doji right on the simple 21 day moving average.

    Bollingers tightened up so we're ready to go one way or the other now......

    SEA Price at posting: $1.05 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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