Hi Geezer,
By using simple, uncontroversial trendlines that everyone can accept( no chart to be attached ), the price projection for today 5th June I've got is pretty close to your 10 cents....
My trendlines suggests a high of 0.097, and a highest of 0.11 (if there is an extended push upwards) for today. If no extended push, the high price will stop at 0.097. On the other side, if the market turns weak, support is seen at 0.0875 with a lowest at 0.075 (if there is an extended push downwards) for today.
I like the higher figures, namely 0.097 and 0.11 for today considering we are likely to have an up day . Maybe most of us are!
Just to restate: this trendline projection levels are just for today and not for the longer term. I merely use them to define the price movements and range for the trading day ahead for personal use.
Let's see whether these trendlines were good enough to give us a glimpse of the prices today...but we are all agreed, we are looking at higher prices.
Cheers
dascore
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