we can at least agree,haspete that a trip to 32 negates BOTH triangles because of the Equal Low [w/- 21Jan],let alone most confirmed [by hits] trend line break?
say it ain't so,pete that ya'd go all academic and polly on me and insist the Low is bleeding 28!!! :)
ohhh if you do that,pete ya'll bring down a Curse!! Trust me!!
Actually I think a trip back to 28 and below could happen on the back of a Placement.Standard procedure for placement pricing is 20% discount to the preceding Weeks VWAP. I don't have a VWAP figure for a week.Usually the 5 day Simple gives a Ball Park figure. off to check that w/- a 20% discount.
cheers.
CNX Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held