Chart Discussion Thread, page-138

It looks like we are witnessing a low volume backtest of the break out area around 4.4c. In terms of the profit taking, 5.3 was always going to be a tough area in terms of supply given the previous most recent high of 5.4c in January.

This impact of supply at this price point has led to some profit taking/exiting of trapped holders from a January and as a resul a low volume retreat in the SP back to the support line/last break out point. Good buying imo on close yesterday.