Xmas Gift...???, page-54

Relax boys why the rush to break. Lets get support confirmation. Lowish volume but more significant majority were purchases. What we need is a folliw up. Still it indicated some urgency as the buyer wss forced up. Will get back today TA charts and all. Remember this was in a downtrend channel. We need consolidation i.e if u recall last week 6.7 region was an important level. Then 7-7.4. This breached it without an effort as no selling hence forced sp up for any buyers
Why? Lets now c where this could take us. 7.8-8 next zone. The significant of yestersdays move is it has breach a ST downtrend channel. 7.2-7.4 variance. Now we need to c these levels retested preferably after test 7.8 to 8 c level today. Volume is not critical i.e. a surge but steady sp rise thru key res is also critical. My numbers are not as precise as going off mobile app. Will get back later. Hower typical sustainability is achieved when breach if res tgen conformation of prev res as new support and in the process creating new high and higher lows. This is the key.