I agree. I see a classic bullish base formation.
17th november 6.6m turnover on what was a bullish candle formation,suggesting someone big buying in then drifting down on lower volume over the past 2 weeks to form a potential double bottom.
Fri saw a false break down leaving a nice bullish tail piercing the lower bollinger band.
Todays action: again big volume...nearly 6 million shares- again suggesting someone big accumulating.
A break above 35c would suggest a breakout from the base formation.
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