Thanks haspete!
To what extent do you think this sort of TA is accurate given that the lower low and the lower high are in the SPP period?
The SPP was at about a 15% discount to the recent VWAP at the time it was announced. A 5% increase in the recent low and high would have seen them as higher lows and higher highs???
I guess I'm asking if the chart is simply detecting the inevitable round of reduced demand (by people who can buy at a lower price in the SPP than they can at market) followed by the inevitable sell of for stag profits?
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