From today's buying action.. I must say that this post aged...

From today's buying action.. I must say that this post aged well.

Here's my basic take on it..

I'm seeing a bit of the end of the 'cup' portion of the cup-and-handle, which does suggest that, given the incoming newsflow, we are due to see sustained buying at these levels before our next leg up.

I am liking where we are in terms of MACD signals crossing over into bull territory. On a purely technical basis, this could see a run into the $0.45-$0.48 range before a healthy pullback.

The OBV has been charting in positive gradients since August last year, which does suggest that accumulation is taking place by the market makers. Would love to see some broker data if anyone has access! Over to you @FullMoonFever for your more in depth analysis!