Good call mongy! TU from me. From a TA angle, chart-wise 11c...

Good call mongy! TU from me. From a TA angle, chart-wise 11c looks like a solid base. Back in February when the price formed the new low at 11c it was quickly tested within a couple of trading days and the price moved to 14c where it was tested for about 7 days but could not break that resistance level. Price promptly flopped to 11c and rested on this floor for just over two weeks. Today's action could be an attempted breakout of a descending triangle, a new attempt to get off the 11c floor so to speak. It needs to bust through the psychological barrier at 14c before we can call it an uptrend. By the same token it shouldn't be a strong barrier. Historically ie in the last 5 years 25c seems to be the real line of resistance. So imo if we can get through 14c then 25c comes into play. Which begs the question chart-wise, why does the price keep retreating from 14c? Cos it's being capped and accumulated? Hoping this has some legs this time round. M1