Ann: High-Grade Copper Discovery at Mt Craig Project, SA, page-227

Thanks @insaf. Yes I'm aware that charts only offer a probability not a certainty. As such all of my posts are my view as I see it when I post my material, nothing more. They are not a guarantee of what is about to happen (nor are they financial advice), they are just the indicators as they appear to me at the time. And if the indicators change so that my view changes, I will post that as well. Normal charting in other words.

The only guarantee that I make is as per my signature.

I disagree with your view on RSI trendline breaches though: I've found in the past with it that although an RSI trendline breach doesn't always "upset the apple cart", it has done so enough times in my experience for me to view it as something of potential significance when it happens.

With regard to the descending triangle: in my initial analysis the overall sum of the indicators made it look to me as though the overall mood was bullish, and that the 3 EMA would hold (it does tend to hold if the run is strong). However the RSI trendline breach and 3 EMA curving down have made me change my view on the 3 EMA holding.

I'm still bullish on the stock though but I think that if you're interested in buying (like I am), the chart (to my eyes as of yesterday) indicates that you may get a better buy price if you wait.

As stated though, those views are an opinion only, much like all the other posts on Hot Copper.