The chart is forming very nice and has now built a major support...

The chart is forming very nice and has now built a major support at 4.6c! The next strong support lines are sitting at 4c and 3.4c.

We shall have another crack at our major resistance line sitting at 5.6c! Usually the resistance line is tested three times before it's broken, but that's not always the case. If we break 5.6c, expect another breakout. We have finished the day with very bullish Engulfing pattern on the daily chart. And, another good close tomorrow then we shall see three white soldiers forming on the weekly chart!



See the below volume! As you can see volume picked up dramatically for the month of August



MACD Signal





RSI