Few indicators that would leave me to believe that we go on to advance from these levels even if we dip back a few pips or more. We havn't returned to the medium yet at the 20dma so that's the first port of call and we had 3 day's outside of the daily Bollinger already so major damage over.
As per previous post when we bounced off the 100 on the weekly and may go on to put in a higher right shoulder. https://hotcopper.com.au/posts/53093508/single
And a previous trade setup that we just again formed that lead on to quite the move north. https://hotcopper.com.au/posts/53172442/single
Possible H&S pattern while small. Hope for conformation if we head back to some of the major moving averages on the dailys. https://hotcopper.com.au/posts/53276686/single
And now price targets. I'm looking for that return and break over the 20dma. And then back to the major moving averages and top Bollinger band where they will all likely converge at overhead resistance around 12.5c.
Of course this is AIMO and I'm often wrong.
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