39c zone is technically important - and by zone I mean a couple of cents either side - so the 37c - 41c zone. We break through here via a move that sticks and the bare minimum move will be up to 47.5c measured. The analysis I'm running with though is looking for an extension move if we CLOSE above the zone. Which means an initial move towards the next area of strong resistance which 58c - 61c - we reassess again if and when it gets there.
There is nothing better than a stock that steadily creeps higher on no news (news not released that is !!!) E.
