Yes, thanks for the chart-that breakout of the downtrend line was what I mentioned earlier in this thread. I agree that the candle is weak, but on an overall down day for the market, and the day before the 4C is released, I understand why there wasnt more 'bang' for what was a great announcement.
A good 4C today will see follow through buying.
If this is a breakout of an ending diagonal triangle, then the longer term target to the upside is the 60c area, in relatively quick time.
A break back below the old resistance line/new support, on a closing basis, changes this scenario. Current daily MACD is supportive of further increases in price.
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