Good News & Bad News, page-11203

I would think it is reasonable to expect the uptrend line drawn to be a significant level now. Numerous touches. It is converging with the upper trendline so I expect this to be resolved sooner rather than later, a break above or below. FA recently supports a break above. If it breaks above there will be scope to draw another trendline. I have inserted another modest upper trendline to create a channel. Depending on the breakout (if its up) will determine where this upper channel is placed. These lines are subjective but they give some perspective to a trend.

I have also added an accumulation/distribution indicator below. It supports continued accumulation, especially during May where there appears to be a small divergence. That is Acc/Dist indicator trending up and price down so far from previous peak on 10/5 of $1.315. See small orange lines.

Hope this makes sense. Apologies if it doesn't. Its just how I process and what makes sense to me. It's also what I'll use to have a guess at end of year tipping comp. A range so to speak.

I used the bottom trendline recently to recommend an entry for some family. Very happy it held and progressed. Exits, that's harder.