chart

Time for some real analysis (as opposed to the nonsense previous thread)

Chart breakout clear as dogs over the past week. This breakout from the long (9 month) consolidation pattern gives a target 9.5 + 8.0 = 17.5c (14.5-5.1c=9.5c). This target is achieved by taking the previous rally 5c to 14.5 and adding this rally of 9.5 onto the braekout point of 8c. A timeframe can also be estimated using the timeframe of the previous rally (approx 4-5 weeks)
Volume has increased, MACD and MA have both turned positive indicating a new uptrend is in place. Retest of previous resistance level at 8.5c on thursday before continuing back up was further confirmation of a new trend. Textbook trade here.

Short to Medium term Target 17.5c.

DYOR