Decided to have a dabble in BBG earlier today(34c)myself ... WHY? Purely on a TA whim in that all Daily Birds up and flying; MACD on buy; TMF broke downtrend yesterday and now steeply on the rise; SP coming from the 2/3rd price and GAP suppt; and Idiots crossed to a buy today....etc.
Better than expected finish means that we have broken out of the Ascending Triangle Pattern; we have an outside range day(Soldier candle) on its highest UP vol day since August 8th(a day B4 the recent top) and therefore can use this candle as a support candle(i.e....if the 50% of its range holds over the next two TD's) ... and that's exactly what we need for confirmation of the break! Good chance this could GAP up tomorrow morning; if so I will re-adjust S/T strategy to add(if I do consider that at all). Ist initial target would be the 150EMA( ~ 44.5c atm).
Simple Chart...
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