Chart, page-236

Hi D

Trusting that it is.

A single bar / candle doesn't always resolve the poss pattern though and usually like to give it 2 or 3 bars at least to see what the mkt is thinking.

Still in that resist area so like to see it push higher and hold or consol at least in this range.

Generally distribution is going to occur at higher prices and accum at lower for obvious reasons.

Couple thoughts below and not suggesting a collapse or anything, merely pointing out considerations from a chart perspective.

@nippy agree, big players will no doubt look to "paint the tape" so to speak and that does make TA more challenging and I believe should be coupled with FA, not both being mutually exclusive.

There's been some good news recently obviously and a period of consol / accum as per 6 mth chart. There will be some who are happy to sell into the increased price & volume, that's all and yes, shorts play their game too.






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