It's interesting to note that today's price drop out of the pennant pattern is not due to an increase of sellers yet it's a result of a decrease of buyers. The buy depth just disappeared and the price has just crept out of the pennant. This happened in June 2019 just prior to the trading halt for the finalization of the Mt Carbine purchase. Is this just the accumulator stopping their soak.....? It'll be interesting to see if there's an announcement in the next couple of days, that'll almost confirm this theory.
TA, page-169
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