Clanger asked recently of my thought's TA wise here, please...

Clanger asked recently of my thought's TA wise here, please forgive I know nothing of the fundamentals

Lets look at history


In the beginning support and resistance was around the 30/35, and the lows being 8 cents area

After the 01 highs price returned to 8 cents area and held

Through 05 to 08, the 30/35 support and resistance lines gets a hammering again

Again we head back to the 8 and through 2010 to 2012 the 30/35 again shows up ?

So you say, whats the point of that crap LOL well for me it tells me the 2 area's have been 8 cents and 30/35
The big positive being that the last lows didn't get to the 8, setting up why i think could be a possible opportunity to push much higher.

I have put some notes on the final chart, and while i don't know a lot about the fundamentals here, if they support this chart it looks exciting to me. Holding the 25 from here is key IMHO

Now I better go research them fundamentals :)

Regards
Rob