SDL 0.00% 0.6¢ sundance resources limited

Hi Hopefulone - I guess I have a slightly different spin on it....

  1. 358 Posts.
    Hi Hopefulone - I guess I have a slightly different spin on it. You are right, the volumes are out of the top levels (as they are on the sell also). I speculate that there may be a conscious build up of buy signals to catalyse something. We have two "hammer" days, we are tracking the Andrew's Pitchfork (thx BAS) and I ran a quick GANN and we seem to be at the right "time" for a trend change.

    Last time I saw buy/sell spread narrow, it was bullish - but you never really know. What I do know is that buy/sell can appear and evaporate in massive volumes.

    I wonder whether Hanlong and DB are averaging down. Hanlong re dilution of the placement and DB re increasing stake at lower prices. Who knows.
 
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