Can see both of the setups mentioned on the longer term - monthly chart
@rep96@narsinganiWith the inverse H&S 1.7c being the neckline and 0.009 forming the base = a measured move to 2.5c from this pattern.
Have been keeping an eye on the slow moving monthly chart for a while - 6c gap fill looks very interesting!
RSI moving out of a sustained period of oversold readings + MACD positively trending back towards the all important 0 control line. When the MACD moves through this zone we can expect a powerful move to take hold, likely the push into the mid 2's. Such an event would likely be driven by a company changing contract / strategic partner investment at a premium or takeover bid.
It's only a matter of time...
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