Burnett
this is Dascores thread
he put up another simpler chart for us yesterday
showing the same downward trend channel in a series of lower highs, they meet at a horizontal base currently at 11c.
That point is the current support level and the TA pattern is a decending triangle..from which breakouts commonly occur.
The odds are unfortunately in favour of a breakout in the prevailing trend direction.
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only for chart believers..others pls ignore, page-57
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