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32,754 Posts.
1380
30/07/20
08:35
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BLZ
technically a very bullish day yesterday
tested that rising support trendline and close well off the lows
holding inside that high volume bullish candle from Monday very nicely
Set up for another crack at 6c very soon especially with gold on a frothing run
Zooming in if we look at the hourly chart we see a textbook bull flag has formed
nice volume dropoff last few hours as sellers dry up
Looks set to break out from the flag today
5.3c resistance + 3c height of the "flagpole"
= 8.3c target
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