Mate that would be awesome, something like 4 to 6 million in volume long-tailed bar, reaching down from $1.80 maybe hitting $1.60, and closing up around $1.78. That would be great, then a couple of days getting back to the mid to high $1.80's and then a low volume test, short down bar, bang there is my entry.
however, this last 6 weeks' action is looking like a lack of interest by the market. The comments by JF saying this won't make the company cash flow positive won't have helped. This could drift sideways, so what could turn it. When is the quarterly due? That will/ should have some price earnings detail, see a little spike in the volume and a lift in the SP prior and that could be a ST medium risk entry.
This could just drift sideways for another 6 weeks as well.
Good luck guys.
SPL Price at posting:
$1.84 Sentiment: None Disclosure: Not Held
