My fellow traders, sdl has just broken its resistance level of .15cents on good volume, .23 cents is the fibonacci projected level most likely to be met next week....Overbought indicators such as rsi and stochastic, should be refered to as strength and not overbought, a stock could stay overbought for months....Market dynamics are completely different to the study of fundamentalism, sdl could be years away from producing a single ore, but the market works on expection. eg how much iron ore does sdl have? or how much more ore could there be, and the market is driving sdl to a level of unknown expectation, such as uranium stocks that have lots of land, with a hint of uranium and market caps are over 200mill.
My fellow traders, sdl has just broken its resistance level of...
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