no mention of short term techs as far as I can tell, if you want to talk techs I'm all ears....
lets see, breakout of bollies and existing downward channel, RSI and MACD sharply up, SMA and MACD golden crosses, also breakout past 100day EMA line.... first time its gone past 100day EMA for months. Significantly its touched it a couple of times in the last 9 months or so but today is the first time its pierced it.
if we get sufficient volume then its pretty good case for a confirmation of trend reversal IMO
fair enough take profits if thats your mentality, or if volume dies off, or we end up with an inverted hammer candle etc. etc. but as far as I can read the sell logic beign stated above is fundamentals not techs based. Also I would be aiming closer to the double top i.e. low 18s
hands up whos in for consolidation, page-22
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