can't be long now, page-38

It is the perfect time to trigger stops. They having been battering the 60c line for weeks, got through it yesterday, and with the Fonda numbers looming they have every opportunity to make what looks to me like a technical sell down look like a leak. It's only for the brave or the foolish this sport isn't it!

I am hoping for an abc reversal pattern, but I don't know if it counts if the whole thing happens in a couple of days. For that to play out we should fall to around the 52c we currently have, have a partial rebound, maybe 57 ish, then another sell down that should stop before the 47c support. If this is confirmed we should break above the old resistance in the mid 60's.

I'm not a very good chartist, so I'm just contributing technical analysis as best as I can because no-one else seems to be doing it on Alchemia.