On basis of today’s 1) breakout above 16c, = top border of...

On basis of today’s

1) breakout above 16c, = top border of 6c-high ascending triangle generated from 06 Sep.

2) volume being highest daily since 15 May 2012

3) SP exceeding 16c for the 4^th time since 20 Sep (prior to then being way back on 05 Feb 2010)

IMO 22c, at least

should soon be tested. (16c + (16c - 10c, (bottom of triangle’s 3-day pole height created 03-07 Sep.)

It would not surprise me if that 22c level was even exceeded in the ST, given that the last time it sold at that

level was more than 11 years ago (i.e. no longer a SP likely to be relevant resistance).