It will break above 1.4 IMHO seen the same chart pattern many times in the past and indicates pressure building ...seen time and time again ...so we have ..
(a)Ascending Triangle volume Dropping off just prior to a break upwards very reliable patter in a bullish market...Triangle target 1.6-1.7 initially
Also (b) many more buyers than sellers... initially ...
In addition (c) General Market Rising (incoming tide to lift all boats)
(d) Wa Gas rising jnrs rising after Govt approval of fraccing for NWE shale gas (See BRU, NSE, AWE, OBL, KEY Etc) Last week.
So ...
A + B + C + D = SP up
No need to post a chart... (...Cobber)!
All is IMHO DYOR
TSV Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
