It certainly looks like the previous highs of 57/58 cents set on the 17/18th August may have now become our new support zone.
It also looks like that 50 MDA / 200 DMA "Golden Cross" has now been put in place.
Golden cross
Definition:
A bullish signal generated when the 50-day (short-term) moving average crosses above the 200-day (long-term) moving average.
http://www.nasdaq.com/investing/glo...vesting/glossary/g/golden-cross#ixzz487zoS980
Red = 50 Day Moving Average
Dark Green = 200 Day Moving Average
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- Ready for an assault on recent highs
Ready for an assault on recent highs, page-4
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