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I’d say we will see 16c by mid next week.. A downtrend pattern...

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    I’d say we will see 16c by mid next week..

    A downtrend pattern formed mid July, but bottomed at 10c, I’ve been watching for a signal and conformation of the pattern changing.. it did early this week but not before a few entry signals and a buy to confirm..

    The uptrend pattern started on Tuesday, looks like it’s backed up by a strong positive sentiment and the squeeze being off... This is also evident in the broker data I analyse..

    Should be a good week ahead..

    https://hotcopper.com.au/data/attachments/3593/3593282-a7b2c7b90b5e2fd29e0ef3bde8b0072d.jpg

 
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