What looked for a while like a Cup & Handle is now more likely to morph into a Head & Shoulders pattern.
If that plays out the usual way, I see 16c as a likely target: 36 - 26 - 16. At the extreme end it could even return to sub-10c. Before buying back in, I want to see solid support confirmed.
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What looked for a while like a Cup & Handle is now more likely...
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