Was looking at the chart last night (yes I know I’m boring haha) and I’m still trying to learn the charts and all the technical stuffs so forgive me if I’m wrong somewhere. From this immature chart I can see that we had our corrective ABC waves thnx to the H&S. but the good news is that it’s over in my honest opinion and right now we are consolidating nicely (in another word moving sideways). I could also see a small C&H and even though it’s mini but if it works out this could potentially break us out of the channel. While talking about channel we are right now at the top of the channel and something has to give soon. We either go downwards or break out of the channel to the top side. Volume has been very low lately which is another sign of downside pressure easing. I have a feeling this week is important for us in terms of the channel coz it’s decision time soon.
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