After 2 days of consolidation at 28.5c, we've finally broken...

After 2 days of consolidation at 28.5c, we've finally broken through the mid-channel. We are well into overbought territory now, but having said that, prices can bounce in overbought territory for quite some time.

With the RSI and MACD making a higher high, and with more positive news flowing into the media, the higher volume today shows again greater interest adding to the momentum. The next target will be to the top of the channel. The top of the channel can act as resistance for a little bit, but with strong momentum, we may break through it initially and consolidate around that upper channel bounds.