Potential outside week and bearish potential for SDF

Nov 23, 2025

Entry conditions:
(i) lower share price for SDF below the level of the potential outside week noted on 19th November (i.e.: below the level of $5.08).

Stop loss for the trade would be:
(i) above the high of the outside week on 17th November (i.e.: above $5.50), should the trade activate.

Nov 29, 2025

Note

UPDATE (week ending 28-Nov): Potential trade remains in "wait and see" mode - entry conditions remain unsatisfied at present...

Dec 6, 2025

Trade active

UPDATE (week ending 05-Dec): Trade activated on 1st December as per entry conditions noted above. Observe market reaction and how indicators react around the support/resistance area of $5.14, especially with the retest of this area on Friday 5th December (considering the RSI test of the average line). Consider lowering protective stop to an area just above the high of the candle from 5th December (i.e.: around $5.21) should the share price trade at $5.03 or lower during the week of 8th December.

Dec 13, 2025

Note

UPDATE (week ending 12-Dec): With the share price trading at $5.03 and below during this week, as noted in last week's comment, a new swing lower was formed on the daily chart, which allowed opportunity to take some profits off the table for direct shorts and lower protective stops to an area just above the high of the candle from 5th December (i.e.: just above $5.21), in case the share price rebounds sharply.

Dec 21, 2025

Trade closed: stop reached

UPDATE (week ending 19-Dec): Protective stop discussed in last week's note triggered on Friday 19th December. Let's look for the next trade.