Hi BB,
Yes you are 100% correct about the 47.85c, I did not really zoom in when I placed the horizontal line on my chart, which is the top of the wig and as far as the 56.5c is concern that is what I meant when I said that heigh of the cup was exceeded on the right and side. I am not even sure what should be use, top of candle or wig?
So according to the TA it does not really qualify as a cup and handle but this to me give an idea of what the upside could be in a ballpark figure.
Ann: Rincon 2,000tpa Li2CO3 Operations Update, page-187
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