breakout above 52wk high immenient

just saw Fridays close. Things must be heating up. On the verge of breakout on the weekly chart and breakout of 52wk high.

Closing on resistance on the weekly chart, this chart over the last 6 months after breaking out, then the consolidation, we then had another breakout, the retest of the lows we had a short and sharp retrace, followed by another run up and a lovely consolidation. IMO the chart looks lovely, lets see if we have a breakout this week above the weekly resistance at 1.7c.

A breakout aka trades at 1.8c, will also be testing the 52week high, we are then heading to test the 3 year high of 2.5c.

For comparitive on a TA basis, only the late 2008 data is relevant, after the capital return in late 2008 (GFC time), and new management being installed in 2008/2009, the company has gone about clearing the decks from what was an entertainment business in to transforming itself to be a player in the resource arena. The real question being; is when will the transformation hit full steam with the finalisation of the acquisiton of the Indo Projection?

Here's looking for to what lays ahead.

D: Own plenty

Cheers

Clever1