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PSY Charts, page-74

  1. 4,508 Posts.
    lightbulb Created with Sketch. 6966
    Maybe worth a punt this arvo depending on the volume & if there is a higher close than yesterday.
    Would be a bit iffy unless it clears the center though as there is not much of a range until it does.

    I am hoping to see the formation of a pattern similar to the one circled in red which led to a short term breakout.
    This pause today may last a few days to see if there are more sellers about, "they" may try another push down to flush a few more out but I think another rally may be building but doubt if it is sustainable yet until there is news.
    Ultimately I think we are headed lower but there may be a trade in it if it gets thru the center line.
    PSY 16 Dec.jpg
 
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