Good comments.
Unfortunately the closing of that gap coincided with resistance from that long term trend line. Now trading (as you say) above the 50 EMA that has been our nemesis this year, so a +'ve there.
Agree 2.98 is the next juncture with potential to pivot here, particularly if we can break the trendline.
Some sort of pennant also in play now, just to make it interesting.
GLA
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Price($) | Vol. | No. |
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