Chart, page-16623

Couple chart updates to prev ones with some notes in blue plus a stripped back chart that has similarities to Wyckoffs thinking.

Previous HERE and HERE

Seeing some buyers stepping up but being hit by supply. Needs some bigger buying to overcome bears & drive SP further and / or a helping FA hand with unexpected positive ANN so pricing not built into current SP. A bearish chart is not always entirely reflective of a companies overall potential...just where the mkt sees it in the current environment & business cycle.

Part of the reason still on the side line watching but giving me time to research, read some very informative posts and decide where I feel an entry point would be for me.

As we know, Wyckoffs 3 simple observations - effort & result, cause & effect, demand & supply come into play and have pasted some info end of post.

Liking the story, tech, inroads to commercialisation & partnerships, but jury out on chart just now. As a previous noted scenario, seeing some ranging but as other posters pointed out, a poss descending triangle pattern. Obviously would need to complete to confirm or fail but worth noting.