Pick the highest point on March 2011, draw a line to highest of August 2012, January 2013, March 2013, and you find a interesting break of this line which happened earlier this month... Then look at the price action and you will also find that the retrace went all the way back to this line (but this time from the top), to then bounce and trade higher again.
A very significant change into the life of SLE is happening these days guys, and for the first time I am looking at the chart with a smile on my face because the tide might have indeed turned and better days are in front of us....
Support 7.20 to 7.50 (should hold)
Resistance 7.50 then I cannot find a great deal until 8.50/8.60p
“The business with shale gas is a long-term, capital-intensive and risky project,” Kurt Oswald, the main author of the study, said in the statement. Poland and Ukraine will lead Europe, partly because of political backing, the group said.
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