It's a Cup and Handle playing out, Resistance has been at 40c...

It's a Cup and Handle playing out, Resistance has been at 40c for the past 18 months, when the SP was above 60c and bounced off 40c numerous times, unfortantely broke through the 40c support due to A, bad charts and B, lack of news flow C, roumours of tech not scalable and the departure of one of our founders Geoff Pocock. After all this played out hazer tested lows of 20-25c to bounce back up 40c as we seen in September on the back of positive news and new investors from the road show which formed the CUP.
With charts suggesting overbought and recent macro events hazer, retraced less than 50% and now testing again to start forming a HANDLE... if it breaks through 42-43c again with MACD setting up will get to 55-60c no worries, with the CUP AND HANDLE Setting Up.
To add to T/A, we Have F/A backing with the news flow pending from the investor presentation and the biggest tech presentation in Oz coming up in less than 2 weeks... what do you think will be happening when all the cashed up investors see whats happening, it will break through 60c IMO.
Time to Accumulate and hold!