Technicals are looking robust and we seem to be climbing up the stairs a bit more sure footed this time. I expect maybe up to 5 trading days of bouncing around 16.5/.17 and then up to the next level of .185/.19 followed by th eold .40 chestnut. WE are at the end of April so this id=s fitting with the May/June breakout concept.
Forgetting the TA - this is the one stock that is in my hold for a few years scenario. The work that Westcott and Bigstar are doing is fantastic and fundamentally, the prospect of the size of this play, expert management and quality of resource at this stage is enough for me. I actually don't want to trade as the long tail consolidation signals a break free move that will be very difficult to emotionally top up on once is goes. I smell another Fortescue in the making. Just my opinion.
- Forums
- ASX - By Stock
- SDL
- some fact's
some fact's, page-9
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)