Hi Guys
I thought I would start a new Chart Thread seeing that we added General discussion thread.
Ok I thought id wack a Daily chart and use a Fib Retracement from the high point Thursday 14 April 22 till the lowest point 6th of February.
I think in the short term we need to get 8.4 cents which is on the Fib 0.23 as the real test of big move up. which really based on good news in the near term would get us there.
We are still below the 200 moving average but using the EMA 10 and 20 the Candles are below and we had a break at 6 cents for the 3rd time since Wed 19 of April 2023 . Which would indicate a break above resistance and potentially being a new support at a higher level.
Anyway its just my theory at this point in time and I am happy to proven otherwise if anyone out there can share their analysis and add some value to this discussion I am welcome to it.
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Hi Guys I thought I would start a new Chart Thread seeing that...
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