SDL 0.00% 0.6¢ sundance resources limited

strike while the iron is hot, page-20

  1. 6,816 Posts.
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    Just adding to my earlier comment now that we have seen todays action. It has played out as expected and now shorters are in a bit of trouble. A run to 50 cents is the next pattern with a pause for either coming back down - or failing the pattern, which would prove very bullish and see us run to 65 cents. Time cycle might put the next drill announcement as a possible pivot point. Remember that a failed pattern is a very strong signal in the opposite direction - some of the best trading opportunities. However, I am a long term holder as I expect that we will see $1.00 - $1.20 early next year.

 
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