it is often difficult to see what a catalyst is in movements - but, the reality here is that this has been on the move for weeks - from a bottom on 30 august - up and down and then on a strong move up from 14 December - with only a breathing pause of a few days - only 3 days back.
this recent run has really been from 51 cents (14dec) - and looks like it will continue -
I assume the second leg will be longer than the first - and will carry us close to the 4C - with a possibility of a breather before then a boom on ann.
we shall see -- whatever it is - it could well be another major rerate - with multiple catalysts (if you can have such a thing)
If one steps back and looks at a weekly chart - one can see that the potential here is quite a lot.
the daily looks good, the weekly looks good, ditto monthly - and the quarter looks fantastic.
all in all --------- wow.
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