SDL 0.00% 0.6¢ sundance resources limited

Taking a look at a longer timeframe in the weekly chart for SDL...

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    Taking a look at a longer timeframe in the weekly chart for SDL you can clearly see the higher highs, higher lows = uptrend.

    Its also pushing out of the Bollinger bands = bullish. Notice how the uptrend began back in 2010.

    Weekly moving averages 10 EMA and 20EMA pointing up after being in a downtrend since January.

    SDL might pause here a little longer (the slow stochastic is about to cross down) then re-set for an attack of 15c and 21c in my opinion.

 
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Currently unlisted public company.

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