You can take it as you wish, these are the support lines IMO, as we have passed the technical points now for over a month, we have been trading with fundamentals now for a while, as thats a fact, I have said that in one of my post back a couple of weeks ago, that the fundamentals are keeping this going in the uptrend... hence the sarcasm from some posters..
I call it as I see it & if you don't like it speak out like the rest have, & then they can make their own decisions to hold or fold, below are the Support lines 1,2,3,..IMO, but people need to make their own decisions if they want to hold or fold, my chart below shows the uptrend line support in red & the support line at 31.5c in black with two yellow circles,
You can post your chart as well & make your interpretations same as me, thats way I am not the only chart poster on here, I would love to see it, that way people can look for alternatives...
Below are the support lines as they can be interpreted in different scenarios & as this is my opinion how things look & how they may turn out , as they may not all ways turn out but as I said that the fundamentals are driving this car at the moment... so you need to do your homework now & post your chart & explain how things look & how they will unfold... so good luck, I will look fowerd to see your charts...
I just saw your post , your chart line is unrealistc in the pink line below, with that uptrend, thats why it failed to continue...as my lower pink line below failed as well but the fundamentals are keeping it up as the news is coming..
Chart, page-4097
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