Sid - here is the easy answer IMO. I only take notice of "bends" when there is a sentiment change. There is none with SDL. When there is no sentiment change then it is a quesition of technical overshoots, profit taking etc... If we haven;t learned by now that it is hard to guess the action on pullback, then we will learn it again. Don't be surprised if this is a shake out by the big boys. Sell at .65 buy back at .60 - great scalp! Don't lose your way people, I have a feeling you will be sorry. These pullbacks MUST happen to move on. It resets TA!
SDL Price at posting:
60.5¢ Sentiment: LT Buy Disclosure: Held