Previously posted about a long term cup & handle out of optimism..... that pattern has broken lol. But the chart is looking pretty interesting nonetheless.
* MACD indicators look good showing positive & bullish momentum
* Price looking like it could break above the pennant pattern
* Also an upward trending channel forming
I think there's a decent chance it breaks above the pennant and follows the upper range of the uptrend channel.
Looking good at the moment. Questions are..... how many more options to come? can we break above the upper boundary of the channel on news and finally have a breakout in price?
Chart -TPD, page-284
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