SDV 0.85% 58.5¢ scidev ltd

Chart INL

  1. 14,059 Posts.
    As requested @strauss - INL

    3 years of accumulation. But alas - not broken out the moment. We'll have to see if it goes into further accumulation. A convincing clearance of that red line would mean that a 9.9 c target would be validated (43 x 0.002 + 0.013).

    This is why a confirmed break out after a lengthy period of accumulation is very important. Is there anything wrong with getting on at 2c and selling at 9.9c? I think not. Better that than buying too early and ending up waiting for potentially another 3 years for the BO. Buy after confirmation and you won't be too late.

    Think about CYP. Some have been whooping over the BO having held from 40c 2 years ago. 2 years for what now stands as a 50c profit. Not for me thanks. Especially when you could have just jumped on to the breakout and had a similar profit in less than a couple of weeks Timing is everything. Identify great candidates and don't waste time on them IMO. We don't have long in this world. I've seen people waiting for breakouts for many years.

    14-03-2015 6-06-46 PM.png

    I've set an alert for INL and will look at it once BO is confirmed.
 
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