SNDE Technical Analysis 🧙Sundance Energy Inc is a public onshore oil and natural gas company operating in the United States. It focuses on the exploration, development, and production of repeatable resource plays, primarily in south Texas targeting the Eagle Ford formation.
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SNDE
SNDE opportunity zoneStumbled upon SNDE tonight and it looked intriguing being in Denver. If I decide to go in, I'm looking to get in at that zone above $2.20 mark for the most value in my opinion, depending on how the market does this week. May look to dabble with COVID starting to be apart of the day to day and see a reversal.
With that said, this thing has been in steady decline since they came up but at this value, if we do see a trend continue and doesn't dip below the $2.07 mark. Bottoming out around $1.67. Depending on where it lands in a few days, I may enter for a long term play.
We'll see!
