The chart is biased to the upside. Broke through 50 day MA, 200...

The chart is biased to the upside. Broke through 50 day MA, 200 MA and at pretty much the same time, broke the resistance line of the bull flag. All on good volume. Has now done the retest to that line and on the move up again.

The fundemental issue you alude to i.e. the wall at 30c, will be the challenge, but the technical setup combined with cash fundementals (fundementals momentum) will hopefully see us push through.

If the 1.4M buyers at 29c become willing to pay 30c, the wall will be mostly gone. That is unless Peak puts up another wall (I assume its them although it could incl some traders), however I'd imagine Peak have offloaded quite a few in the last 3 weeks.

PS: I am no TA expert, just my amateur crack and also running off the back of a post by Marketwatch that had no commentary and so got me looking at the chart a little more closely