Hey EOB,A few thoughts on this:1. Seems like there is...

Hey EOB,

A few thoughts on this:

1. Seems like there is accumulation from bots as you can see from the CXXT trades 7,839 all day. And this has been happening last few weeks.

2. Daily MACD has been in an uptrend since January from first of three bottoms.

3. The big confirmation would be the SP breaking the resistance at 10.75c otherwise there may be a triple top or double top (which has already formed). However as mentioned MACD has been continuing an uptrend since January so looking good so far.

4. Support position strengthened as you were alluding to EOB once again today and market depth painting that picture also. Touched 7.7c again and rebounded back to 7.9 at close. Daily and more interestingly weekly MACD histogram painting a bullish picture in the coming days weeks for another rally.

Cheers