We have strength coming in on the weekly chart, looking for an up bar this week for confirmation. I started buying heads again this week after last weeks bar.
I have a trend break on a close of 1.5c or higher.
Minor supply @1.9c but it's 2.4c that worries me as we got smashed with supply selling a couple of months ago at this range.
IMO there will be more potential supply @ 2.4c than what we will see at the 52 week high of 2.8c, therefore again IMO if we see a confirmed break of 2.4c then 3c - 3.4c is the next potential supply range.
Some low vol intra day tests of supply is evident so look for a break in the next few trading sessions...
Good luck guys, will post a few charts when I return home Saturday...
GGP Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held