10 & 30 day Moving Averages about to cross. Heiken-Ashi chart doesn't show any hanging man candle but a pullback to support at 45ish is to be expected with a rapid rise.
If it follows the break-out pattern from November then it will consolidate until after the AGM.
http://thepatternsite.com/HangingMan.html
"The hanging man candlestick is a popular one, but one that shows lousy performance. In theory, it is supposed to be a bearish reversal but it actually is a bullish continuation pattern 59% of the time."
Galaxy... GXY... Chart..., page-4384
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