Not that great shares. Now at a pivot point test coming off a small double top at 38. Looked like there was a go at it today with the 1 mill buy at 35 but it was swamped.
If we break 34, then IMO it may be bigger than that. If we reverse, then it will be a good move up.
We will see. I haven't liked the chart since the "coiled spring" break of .365 close last week. It would be a brave man/woman to sell into that though.
If you weren't in this for the 45 (or better) as a trader you would have been out on that breach and gone short.
Lets hope for a V shape reversal. Another day without a Term Sheet or delay announcement.........
SDL Price at posting:
34.0¢ Sentiment: Hold Disclosure: Held