Just providing an update here, it's been a while since the chart...

Just providing an update here, it's been a while since the chart thread was in play.

17c is a fairly important level, technically speaking.

If @Breakingsystem is correct in their previous analysis regarding IHL being in an accumulation phase, then this 17c level represents the break point for the higher lows in the trading pattern. If we can hold the line, then some consolidation does put us (again technically speaking) in a better position to keep travelling the mark-up schedule.

Issue is the volume and the seemingly endless supply of sellers. In an accumulation pattern, the buyers slowly gain back control, with volume and sentiment pushing the price action accordingly. so far, that doesn't appear to be happening, at least from my perspective.

Fundamentals/long term view etc etc..., just an update on what the pretty green/red candles are saying...