Hi Justa, chart below. I am more a FA guy so others may have fibs or EW to add.
Trading at 19.5 now and vol about 2.5m, with anything about 3m starting to get up there for TPD, big days 4m plus. Just finished writing this and someone sold into 19.
My take is we have some momentum at the moment, golden cross just behind us, macd turning positive and not yet oversold on the RSI.
Downside is that at 19.5c we are well outside the bollinger bands, which as a volatility measure, may draw some selling attention.
Watching the buyer though, they may well be waiting for people to come down then taking decent parcels.
Perhaps the valuation has leaked further. I have seen it on twitter. So much upside here
Chart -TPD, page-425
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