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SDV - SciDev Limited

Would either of you say that INL's pullback (move from 20.5c down to 17c) is a component of the consolidation period in the uprend?
 
Novski said:
Would either of you say that INL's pullback (move from 20.5c down to 17c) is a component of the consolidation period in the uprend?
Definately.

Checking the 3 month shart you can clearly see where short term support has been set. There are few levels there where the daily sp has bounced off with tails indicating buyers are coming into the stock. Resistance clearly at $0.195 at the moment.

Major support is at $0.16, which if you look at a 1 year chart was the old major resistance level. Would not be good for INL to break that on the downside.
 

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Kennas,

I reckon this one could make for a good set-up.
Entry at 19c and stop at 17c or even 16c to be sure to keep you in it.

Im not in just yet but finger on the trigger. Ill wait for 2mrw i think.

If 21c broken thats 4-year resistance and could really run.
 
nizar said:
Kennas,

I reckon this one could make for a good set-up.
Entry at 19c and stop at 17c or even 16c to be sure to keep you in it.

Im not in just yet but finger on the trigger. Ill wait for 2mrw i think.

If 21c broken thats 4-year resistance and could really run.
Yep, I'm ready to buy some more. Has consolidated very well and primed to break up again. Still, I'm a little wary of this stock. I watched it every day for 6 months waiting for the break through $0.16.
 
INL looks to be breaking up. Traded a few at $0.205, not seen on this chart. I'm topping up. Just a few, till break through confirmed.
 

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Clear break through 3 levels of resistance. I hate getting excited too early, but this is looking great for INL. Now they just need to change their name to something like Alchemy Resources, or something. You know, turning lead into gold type stuff!! :D :D
 

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Id like to see a push towards the close with this one.
Higher volume would confirm and pretty much force the breakout.
Currently volumes are still within normal daily range.
 
same, while I'm pleased with the breakout, this time I'm saving my excitement until the uptrend is confirmed.

Best of luck to all holders/
 
nizar said:
Id like to see a push towards the close with this one.
Higher volume would confirm and pretty much force the breakout.
Currently volumes are still within normal daily range.
Yeah, there's every chance it'll come off a little with profit taking, but clear break. Might even drop back a bit tomorrow, but the consolidation it had around $0.18 is limiting the downside IMO. This will probably have it's best run in Jan towards the Burnie Demo Plant FS outcome. That's the real upside for this I think.
 
Bit of resitance confirmed at $0.215, but downside limited to new support lines at $0.195/0.20 in the short term. Looking pretty good. Volume not really spectacular though. Content with the gentle climb from breakout at $0.165 really. :)
 

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