Just to put my two bobs worth in. Its been a great run the last week or so and I've been watching the indicators everyday and I reckon its time we might see a cup and handle form now as we hit the 5.5c resistance. This because its closing in on overbought territory without the volume, still room to move up before overcooking so I remain hopeful! I know we would all like to see a break through sooner and if so, then 5.5c could become support for a handle and then boom, take off! Next resistance level I think, is 5.9, an old support and if 5.5 breaks then 5.9 maybe not long after. Yes, next week is gonna be very interesting and which ever way it goes, I for one, will welcome it, as long as it stays on the positive trajectory of course! GLTA
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