A tech analysis just for you @tsuba. [ATTACH] Since mid-December...

A tech analysis just for you @tsuba.



Since mid-December there is evidence of gradual accumulation occurring, which is consistent with DB’s reference to institutional build-up. As the volume colour coding shows, prices have been raised on higher volume and pushed down on low volume.

The price pattern stands out as a flag structure, with a base at 36 cents and the flag defined by the 49-54 cents range. A close above 54 cents implies a break-out with an immediate target of 67 cents, to be reached within a timeframe similar to the 12 trading days witnessed for the rise from 36 to 49 cents.

You can hold me to in a couple of weeks after a 54+ cents close is achieved. We'll see how it goes.

Cheers