Lots happening in the circled zone -
Pointy end of descending triangle
Bouncing off support at 43c potential double ,triple ,quadruple bottom
Hovering around the 50% fib retracement from the 87c high
Break of long term uptrend line
Below 200 EMA long term moving average
13/200 EMA death cross
Needs to break back up towards 55c otherwise lower targets come onto the radar.
Charts: TA posts only please..., page-84
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