After the last CR @ 45c the price dropped to 40c before rising to support on 44c and peaking at 53c. So I don't think 52c will be support, more of a level that price may settle around.
Just looking at my chart there's gap fill at 50.5c (which is also where the 41ema is coming through and this has acted as support for the entire up trend so far) then there is support and resistance at 47c. If 47 or above can hold in the short to mid term there is resistance at 65c then I have some targets above this based purely on the chart, no FA valuations. Just what I'm looking at.
Cheers
Rhodes
done over again 52 cents, page-55
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)