SDL 0.00% 0.6¢ sundance resources limited

rising wedge, page-5

  1. 285 Posts.
    this what you talking about dana?

    up to a day or two ago yea i see your raising wedge.

    break out and close above resistance with a higher volume over the last two days has been a good sign though.

    21 and 100 day money flow has respected the zero line and is moving up --> good sign!

    MACD has crossed up over the signal line with both the daily and weekly charts looking nice in their channels.

    stochastics K line could slide under D line today but it doesnt seem to have much momentum. short term there was a lower peak on the 10/10 than the 4/10 so a slight divergeance --> thus supporting kahlii's testing of 32c.

    overall i think we will be looking for a nice week next week.

    Open for critique and discussion as always..

 
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