The HOURLY linear regression chart from the 20c. sp high on 26/05/22 to the 8.6c. sp low on 26/09/23, generated an UPPER channel range of 6c.
From 26/09/23, key, up side target prices/horizontal resistance levels are forward looking (extrapolated), PREDICTIVE in nature, and will be (generally) MULTIPLES of that 6c. range, including range mid points.
As I type, horizontal resistance at rmp 48c. is being tested.
Below is the 1 MINUTE chart.
Cheers.
Chart, page-3
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