AMS technicals (charting), page-91

Expecting up to $1.09 here before some resistance based on pivot extension on intradaily timeframe x2, confluence with the neckline of that h&s structure shared around. We have a breakout (again) from a long term declining trendline. Attempted breakout in mid to late Feb failed. This could be the real deal, doesn't mean we won't see profit taking and a retest of the breakout. I remain cautious given the weakness of the last cycle and the overarching market sentiment. IF (if) we do get one final flush before we put on some legs into 1.25-1.40s, it might undercut the low set on 1 Feb, which will also test the long-term inclining trendline at around 0.78. Very happy with my lot and my last top up at 86c average price in the 60s. Please note, this is based on technicals and cyclicals only, as you can tell, I am very comfortable with my holding on a fundamentals basis and based on the longer-timeframe technicals and cyclicals