2023 CHART THREAD, page-393

True but what we can see with 4DS is that it has gone over it's previous high, therefore breaking a line of resistance. Yes it's just with an intraday high and not a solid close, but it still broke that previous 6.6c .

If we use other technical analysis aspects such as Elliott Wave theory, we can see that the chart has created a wave 1 and 2 combination. This means that wave 3 will be an extension of the first two waves, and likely to be a 161.8% extension. The price target for this is at least 9.6c.



A high is just a high until it's beaten by a new high.