Chart, page-8054

How disappointing. Nothing seems to lift price sustainably-the announcements of the last few months have been game changers, but price still languishes in the low 20's.

But, if the glass is half full, price has stopped falling and is building a base at these levels.

A special crossing yesterday, giving rise to higher volume. Was that the last of the sell down being taken by an accumulator? Time will tell.

But interesting to note that intraday we broke down thru 15dma and traded down to 40dma yesterday, before recovering at the close and closing right on 15dma. And although intraday we traded below the 200dma, we closed above that too.

The gap below does seem to be drawing price to it, so a short sharp decline in the next few days to close it, with intraday recovery on volume to close near open is what is needed now from a technical standpoint, to see price move higher. Maybe just wishful thinking from this chartist?!

Chartwise, there is a very promising set up at the moment but price needs to take out the recent high as the first step to confirmation of higher prices to come. Still waiting for 200dma to turn up, but it wont take much

imho