hello @db_nolan...I too have my eye on this, however have my trend line a little bit lower....I've only recently been learning TA, so could be completely wrong though. Either ways, decent upside vs. limited downside here, however the drop in ironore demand (plus the price too) because of COVID is a concern. Hedging is indeed a great move by the company, but if sentiment of the sector continues to sour, might not protect the drop further. I have little to no experience in the sector, so watching for now.
