Classic sell down on good news, the last few ann's regarding results have had the same thing followed by a small rally of a pip or two in the following sessions.
The moment the company begins reporting on Pebas and subsequent results the SP will move higher and test resistance at 1.6/1.7 and close out the cup and handle formation. From there the real party will start IMO.
Edit: If Salobo approvals roll in..... that S/R line is toast
Chart Chat, page-1182
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