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.
- Forums
- ASX - By Stock
- SDL
- strike while the iron is hot
strike while the iron is hot, page-20
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online