Hi p-r......13.5c. is a key , horizontal SUPPORT level, and the extrapolated upper lr trend line is the all important HISTORICAL,RESISTANCE line....the vertex of the two is around 04/2024.
It is worth noting, the 2 previous upward break outs above THAT resistance line resulted in considerable upside.......and 2 new ATHs.
Further downside ??.....consistent closes below 13.5c., and the next key, technical support level is @ 4c.
Cheers.
SPL Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
