CUS 9.38% 5.8¢ copper search limited

Hi Guys,Thought it's a great time for a chart update...So my...

  1. 440 Posts.
    Hi Guys,

    Thought it's a great time for a chart update...

    So my present points are:
    (1) Uptrend still intact
    (2) Price has increased with the macd to cross bullish indicating the pullback has finished for now.
    (3) Price is testing the resistance at 2.92, a breakout will go to the next long term resistance at 3.20
    (4) A double top is possible short term, so keep an eye as may be a false breakout and have another dip down (this is still an uptrend if this occurs)
    (5) histogram is moving up, indicating upward pressure.

    This week is a wait and see position, as 2.92 will be a test of direction short term...overall still very bullish!

    Cheers,
    Mike
 
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