If we don't hold 7.5 then I would expect the price to head to the 7c level which actually is the bottom of the trend channel and really the safest place to buy. We will have to see what tomorrow brings. What we need is confirmation of our test bar with a close higher than todays high and on slightly increased volume before I would even think about jumping in for more. Ideally i'd like to see a similiar confirmation on the weekly and the weekly possibly has a bit further to go yet.
Interesting times and thank you also to Mihal for your kind words
Cheers
CCC Price at posting:
76.0¢ Sentiment: Hold Disclosure: Held