Based on the current SP by my calculations SXY has put on 30% in 1 year. If you extrapolate that figure based on a 30% return, at some point the SP should reach 0.62c.My chart analysis points to strong resistance at 0.66c. I definitely would be out around that price.
It's like watching grass grow or paint dry at the moment. But for some people I imagine it's a very good stock to trade, the patterns are quite reliable.
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Based on the current SP by my calculations SXY has put on 30% in...
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Mark Waller, MD
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