SDL 0.00% 0.6¢ sundance resources limited

support is strong buy

  1. 1,453 Posts.
    lightbulb Created with Sketch. 46
    I remember a few years back when there was that horrible airplane accident with the Sundance board,
    the shares stayed on trading halt for many days after that they opened at 11c (+-50% down), traded between 11c-12c
    and that was the bottom. From 11c they just climbed up (I wish had bought it), so according to the technical analysis,
    this level deserves a punt.

    If investors were wrong when they bought it at 40c not long ago, they should be right buying at 11c now - my own opinion.

 
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