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Here is the monthly chart showing the pivot point a close above...

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    Here is the monthly chart showing the pivot point a close above is needed to take out at about the 9.6 level. It is the same number on the daily and weekly charts. Also note the on the daily chart there is a golden cross forming with the 50sma about to cross above the 200sma which is an important development technically.
    MEM monthly 8.8https://hotcopper.com.au/data/attachments/2299/2299354-bbb6559f73a53052c787388177ffe63a.jpg
    Last edited by Patterns: 14/07/20
 
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