Er Andy. Oil @ $82US ... market on a nice short term up pulse ... would be a convenient time for an update and funding deal to send us through the roof.
Chart continues to show rounding bottom development with a short term eq triangle representing the markets indecision as we all wait for an update. No volume at present yet to set the right hand side of the cup in motion though. In the future if the pattern is to develop will be looking for strong closes above 0.19 then 0.23 (matching market depth resistance) and then to hit the lip target of 0.40 in the short term.
Any other views?
last day of february !, page-4
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