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Working the channel in a good market
Upward channel formed with fairly well respected support and resistance.
Company financials looks strong and market is buoyant.
Could see price stall at lower horizontal area as there is some historic action in this area.
Looking for entry around 0.545 with target at upper trend line. Stop at the bottom of the channel around 0.525.
Longer term could see price run to 0.80
Company financials looks strong and market is buoyant.
Could see price stall at lower horizontal area as there is some historic action in this area.
Looking for entry around 0.545 with target at upper trend line. Stop at the bottom of the channel around 0.525.
Longer term could see price run to 0.80
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