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potential technical breakout, page-6

  1. 668 Posts.
    "Excuse my charting ignorance but I would thought 34c was resistance as it has bumped this level but failed to exceed it 3 or 4 times of late. What is the significance of the 35c level?"

    Previous intraday high is at 35.5c. So for confirmation of breakout you need a close above this level. However, a close on this level (which would be an end of day high) would be a very bullish sign indeed, and an indicator for a possible run the following day.
 
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