Trendlines are a bit subjective, I'd draw it from the 50c peak. Regardless of where you draw it from, it's broken. It's now above all MAs on both daily and weekly timeframes, pushing up on increased volume and pulling back on decreasing volume. Probability is we are at the beginning of a new stage 2 uptrend. I'm looking to add to my position again very soon
Trendlines are a bit subjective, I'd draw it from the 50c peak....
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