Potential outside week and bearish potential for SDFEntry conditions:
(i) lower share price for ASX: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.
Steadfast
Bearish potential detected for SDFEntry conditions:
(i) lower share price for ASX:SDF along with swing of DMI indicator towards bearishness and RSI downwards, and
(ii) observing market reaction around the share price of $5.89 (open of 20th June).
Stop loss for the trade would be:
(i) above the potential prior resistance of $6.08 from the open of 4th December 2024, or
(i) above the potential prior resistance of $6.19 from the open of 3rd July 2024, depending on risk tolerance.

