I am not much into my technical analysis so please correct me if I am off, however, what jumps out at me is the previous support around the 49c (take a look at the 6month chart).
This support was broken at the start of sept with new support established at 40c (ish), then re-tested and failed to break through the 50c resistance mid sept.
Looks like we are going to have another run at the 50c resistance. Whether the run has enough legs to break through I have no idea...
I am not much into my technical analysis so please correct me if...
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