Odds are nicely favoring a parabolic move at the moment.
The main move would need to start within the next 3 trading sessions to confirm this. So a move through $0.20 would had to have occurred by some stage on Tuesday
Also, it can't break yesterdays low. That would make the pattern invalid.
Due to the flat nature of the base, though the sharpest part of the move may not occur for another couple of weeks.
The parabola is a Daryl Guppy special. These moves are very profitable, very quickly.
An observation only, no a set in stone guarantee!
Marchello
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