Hungry Buys, page-154

If we can breach that 65/66 levels and churn through to 70/71 the coast becomes clear.
Excellent follow through volume.
That 58.5 c was an important support today as was the resistance for the downtrend on the weekly.
The 65-70 zone is important because it is at these levels the sp started moving down dramatically leaving many trapped. The psychology of the one facing significant losses is generally to hang on but at the opportunity to break even or sell at small profit to exit. If this group can be accomodate led the coast is clear.