Ok I call it as I see it. TA from last few days.
We have an inverse head and shoulders pattern which has formed in the current channel.
If we break out it measures around 12-14c.
We also have a confirmation candle today from one of the more successful reversal candles the harami cross.
Simple terms some +ve SP movement IMO.
Now that all the SPP would have been done it may run for any left overs to be gulped up by insto's. This has been discussed before. Will not take much to get it to 12c very quickly. Nice double bagger for big funds.
Add to My Watchlist
What is My Watchlist?