Well we got the Saxo dip to U$35.20 !!! the line in the sand. A bounce off that and now trading north of U$36...Great to get that confirmation!! Will be interesting to see if ct London and then New York build on this... Daily chart below looking good... love that volume accompanying the gap b/o
Weekly chart
We've closed above a downtrending channel ,,, a few chart patterns but theyre all developing bullishly Thinking horizontally lines , we are clear of the congestion zone 59 - 82 so the path higher has been untethered from the stale bulls that sell into any rise. Time will tell but I wouldnt bet against a sharp price surge over the coming weeks
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