Hey all hope everyone is traveling well. My 2cents re the RCEL...

Hey all hope everyone is traveling well. My 2cents re the RCEL chart (pretty clear the US is the lead imo and AVH will play catch up)

Healthy retrace, coinciding with the broader market as the MA gravity weighs on the price action which has run up into next supply zone. Until it gets about the dashed line, supply should continue in the absence of news IMO so can expect it to chop around a bit.



The weekly chart is getting close to the first MA cross which should be a very bullish occurrence. If this occurs with results coming in on target or better should punch up into the area of lessening resistance/lower supply. AVH chart is a bit futher advanced but thing the direction will be set by the US. US markets may be retracing for a bit as they too are looking pretty stretched and may come down a bit harder if it looks like the rates are going to go up again.



Perfect time for a bit of a shake. Lets hope JC comes out clear with the communication and after creating the low bar last report produces some good results. Getting closer and looking very good IMO