Well last couple of days actions shows that most or almost all...

Well last couple of days actions shows that most or almost all of the DT, Short term profit takers and so called sophisticated investors participated in recent CR are OUT of the way and majority holders are now long term believers or new comers who are happy & can afford to hold GMC on back of FA. In such situation TA become less relevant as Ups & Down of such stock completely rely on upcoming news. However, good to understand TA to get better entry, exit and to top up the stock you have researched well.
We have broken through 1.8c while breaking through ascending triangle and built strong support at 1.8c, which couldn't be broken down on high volume. Even with 1.9-2.0c volume was very low yesterday and that proves not many willing to sell below this price & not bulls were ready to enter at this price. However, believe we will hold 1.8c going forward and may break through second ascending triangle and strong resistance of 2.2c by Mid next week as we further expect the new flow.

PS : Similar to FA; TA can be analysed in +VE or -ve using different styles and indicators and I appreciate and welcome anyone who is genuinely interpreting charts but as said TA in such case not much relevant as only news flow will push price Ups or Down with higher % gain/loss.