Yseterday it broke 30c only to close at 29c, which was a bullish day for CDS. Looking at the chart, if it can close at 30c or above, we should see a strong run to mid 30's+ IMO
I felt it was going to break yesterday as I mentioned this on Monday. We could see another move north today in anticipation of the resource upgrade, which shouldn't be far away. I also like how tight the trading was between 26.5 - 29c. Could be ready to run again
Good luck people
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will it break 30c today
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