Could someone with charting expertise elaborate on the current signals/indicators that might illustrate to whether this is more likely to be a false breakout we are seeing?
Am I right in saying the MAE is looking much better for this breakout than those past and this is the opportune time for an ann (say early next week) to help us push further over the upper resistance? I feel like next week could be crucial for the months to follow, chart wise, but would love some guidance.
TIA for anyone who could give some technical knowledge on this.
HCH Price at posting:
90.5¢ Sentiment: None Disclosure: Held
