Share Price, page-37

Has been honouring the 20 SMA over the last 12 months, but now looks like the SP wants to ( hopefully) kiss the 12 month 50 EMA, which is around the 25-26 point, as mentioned prior.

If it doesn't play ball at the 50, then we look at the 20 SMA again, which is 22's.- 23..

It really needs to hit the 50 and rebound, or the next leg up might just fake into a reversal of the trend again, which does seem unlikely.

At PRESENT, we're looking at a new impulse upwards, if the 50 is honoured, which often means that there is quite the strength into the next leg.

So, right now the current price action is at a literal inflection point, but going on the general U-mania and willingness to buy, it does seem to favour a new kick up, ( I bloody hope so anyway) which adds to some of the excitement.

The big, red candles though, are a definite warning that something is worrying the market right now, so don't fall in love with a stock, and always protect your capital.