I might need some help from some Chartists here, but have a look at this chart please, I've tried to roughly put in the recent trading range patterns:
So there was an initial big move up to 31c... The upper trend line of that had a few moments of excitement, where it got ahead of itself, so I've cheated a bit with that one...but the general idea is there was then a consolidation period over a week or so, but it broke out of that around 26c. This could indicate a continuation pattern has formed and the current move might end up around 42c in short time ... Thoughts?
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40c price target, page-5
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