PEK 0.00% 19.0¢ peak rare earths limited

Trend lines usually join troughs in support, but the purple one...

  1. 12,484 Posts.
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    Trend lines usually join troughs in support, but the purple one that you use to extrapolate for the future, goes from support to top of resistance that then fails to long term lows. So I hope there is not too much crystal ball action going on there.
 
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