S&D, S&R, Trends, Fork's and Turnarounds, page-414

Sorry Toastie, I forgot you asked about SEA.

I have traded SEA before and did OK with it, but I have sort of lost touch with it recently.
I think I remember the large increase in volume from April onwards was the result of a pretty large Cap Raise

I only looked at the Weekly chart for now, there are some signs of buying (accumulation ?? ) in mid/late April and early May.

Until proven otherwise, I expect some increased supply would be drawn out, if price made it up to 10.9cps

Price recently broke out above the 7.8cps line on a decent increase in volume (showing intent ??),
the dashed line @8.9cps is unlikely to cause any serious difficulties if the 'mark up' is really 'on'



cheers