Hi all,
Sorry this post is the same post replying to Sagitar & Followme ealier on, somehow I stuffed up Photobucket, so here is just recaping charts.
Hi Sagitar,
Thanks for the charts. I share the same view with u both & my chart below pretty much agrees with u & OA's charts. Iv mentioned target of 2.4/2.5c for this run on DT thread, here is how I see it.
Basically we had an ascending triangle breakout in strong volume, 1.3 should act as strong support now, the next target is 2.4c (2.5 should be hit also as there was a historical gap here never filled, of course it could also go higher to 3c, never know). Red lines are the next resistance zone at 1.5/1.6, but I think we'r on the way to break out of that zone real soon.
Slow Stochastic on ST Daily charts is still far off being overbought & it looks like it's just about to turn up & make the cross, signalling the continuation of upward momentum.
GL all on Mon
JL
PS, I still dont have position on heads yet, will grab on Mon
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2nd chart here: bullish MACD cross & still keeps going.
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