Tentative signs of a pattern forming. Coomencing on 15 Dec with close of $2.98 and low of $2.77 on 21 Dec, an assymetrical triangle exhibits highers lows and lower highs eventually coming to a point, in this instance $2.86. Expect a tighter and tighter trading range and lower volume. Can break to the upside or downside. Would expect upside break in this instance coinciding with business update. Initial target $3.07 (2.86 + ($2.98 - $2.77))
assymetrical triangle forming
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