SDV - SciDev Limited

[imajica]

with the articles in AFR, minebox and kitcometals - this should provide enough mainstream awareness for a nise steady rise for the rest of the week

 

[imajica]

just need a few big buyers to get this one moving

 

[Novski]

Yeh, lot of sellers in the high 20's, but i got back in this morning

 

[Sean K]

Perhaps a little pennant......

 

[toc_bat]

Perhaps a little pennant......

kennas, i can see the pennant but thats all i know about it,

what underlying sentiment does a pennant indicate or forebear?

 

[Sean K]

kennas, i can see the pennant but thats all i know about it,

what underlying sentiment does a pennant indicate or forebear?

It's basically consolidation (that looks like a triangle) in an uptrend and the probabilities are that the sp, when it breaks up from the pennant, will go up the length of the pole. So the price target would be $0.40-43 ish.

 

[toc_bat]

It's basically consolidation (that looks like a triangle) in an uptrend and the probabilities are that the sp, when it breaks up from the pennant, will go up the length of the pole. So the price target would be $0.40-43 ish.

now im lost, where is the pole? is the pole the length that it sits sideways? if so that length is measured in time so how do you transpose it to the price axis to arrive at a price target?

thx

 

[Sean K]

now im lost, where is the pole? is the pole the length that it sits sideways? if so that length is measured in time so how do you transpose it to the price axis to arrive at a price target?

thx

No, the pole is like the 'flag pole' so it's the verticle. If you add the length of the pole to the break out point, then that's the price target. It's never to the cent, but sometimes within a % or 2. Again, it's just probabilities.

I don't like to do this intraday but it does look like it could be going up. Looks like the past 3 days are going up, and it's testing that all time high. If it breaks that, then maybe heading for that target price. Too early though. It could end up consolidating the rest of the day and even test the downward support....Or, there could be a fire at the mill and they go bankrupt, or they could get a takeover offer from BHP.

 

[nizar]

I would look (wait) for a break above 30 on volumes for this one...

 

[imajica]

here come the buyers!!!

 

[toc_bat]

thanks kennas, obvious to me now

 

[mpv]

30cts now. running again

 

[tech/a]

Like this New high in at 29.5c.

 

[nizar]

Like this New high in at 29.5c.

Agree, im in at 30c.
Blue skies now.

 

[imajica]

glad I got in on Monday at 26.5c

sitting on a grand profit in two days - nice

no way am i selling though - this has a long way to run!

 

[Wilson!]

Well done guys
Im in at 28 and just got more at 30c

Let's see

 

[SevenFX]

OK so who jumped out at .30c as it pulled back (so quickly) hope none of us...

But if you did the brokers would have been happy....

 

[nizar]

sitting on a grand profit in two days - nice

Lets not go there.
I reckon Many of us could have retired from INLs run last week!

 

[constable]

in at 30 out at 30 second time it failed

 

[Moneybags]

Guys,

Most of you seem to have been in & out and now back in again.........am I the only one who has held .

In @ .235 & again @ .245 & again @ .28...........I am maxed out now though and wondering when to get out if at all.

MB