***retracement coming*** looks like it will struggle to get over 11.5c since all the price action above 10c ...my prediction is a retracement to 10.5c or even 10c b4 heading back up.....chart wise it is well overbought and well above the upper bollonger band.....i could be wrong but it cannot maintain such a steep rise without a major correction occuring....if this recent surge is announcement driven then it may get sold off once news is out....."buy the rumour sell the fact "scenario....as always time will tellcheers Jam
***retracement coming*** looks like it will struggle to get over...
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