Today was interesting. Good observation about bouncing off the top of the recent channel. I must admit I was getting a bit concerned when we hit 8.4c and wondered if we may fall back into the channel, but we recovered and then had a good close. The price of oil and American market is obviously what caused today's (and Friday's) movement on SEA, but it's good to see we've held above the old channel, albeit precariously, even with what's going on. Let's hope we don't get any more bad news overnight. Any good movements with oil and/or the American market should give us a good boost tomorrow. The second half of today really showed that buying strength really is with us on this one.
SEA Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
