@Home8891 - apologies first - I totally missed the small touch of 93c today - I was looking at the 92.5c as the top and thought I was still 0.5c away from my 93c target... it got crossed today and hence completes the run based on that DOJIs that I have mentioned in Picture #1 below
This brings the next target in line - a couple of SUPER BULLISH things on the chart that I need to point out first - the sp crossed over both - the 60 & 200EMA on Friday and today's run in continuation of the run since 9/9/18 has caused the MACD to get it's head above the 0 line. The sp is now free to move a lot more freely
The next couple of resistance points are in the 96-97c and 103-105c range and the target we can reach now is 106-108c.... this is the price where I expect some supply to kick in and slow the run (does not mean the sp will not be able to get over that - this supply will need to be absorbed before the sp can run higher - but we will worry about this when we actually get there)...
enjoy the run until then !!!!
Happy New Year Chart thread . !, page-579
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Last
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| Open | High | Low | Value | Volume |
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| Last trade - 12.47pm 22/05/2024 (20 minute delay) ? |
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Last
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Change
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| Last updated 13.10pm 22/05/2024 ? | |||||
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