IMUGENE CHART. TA only, page-29839

Love this stuff, well done Flinstone and a great example for everyone who gets info out of trend lines . Especially when comparing diagonals to horizontals.
So Flinstone, if I’m reading your post right, then what you’re suggesting is that upper trendline is a resistance level and once broken, the SP will be off?
As your lines are mainly based off wicks, would you view a wick above that line a breakout or would it need to be a closed candle? That level would be at about 12 cents and I’m not sure that 12 cents has much guts to it.
Where there is a bit of meat on the bone is .13, how does that fit in with your thinking?

Personally, I’m thinking a horizontal at 13 has the most significance and a close above that would represent the most bullish indicator for me.

Cheers.