Recent price action warrants an update look at the...

Recent price action warrants an update look at the charts:

Firstly, we have now seen a clear breakout from the downtrend of the last year. A couple of items of interest here:
1. The low of June was accompanied by a clear divergence to the MACD (lower low on price to the Jan low, but higher low on MACD.
2. Breakout from downtrend from November high occurred in August and then it nicely retested the old resistance.
3. Now seen a breakout from the other resistance line since late November.

All together, looks good for a good upswing from here.


On a longer timeframe, it is clear that the (COVID) low of March 2020 was a pivotal low and we have been seeing higher lows since. Next area of resistance is around the 38c mark, beyond which we would expect BRB to challenge its Jan 2019 high.



GLTA & DYOR