not sure if you're making fun or not, I'm far from an expert, I was just pointing out a rising channel I had observed
That said, I stuck to my own guns and bought as the price met with the low side of the channel at 4.1c, though the SP broke pattern unfortunately:
Two interesting observations to be made -- it did find resistance at 3.7c as I had hoped for
Secondly, by drawing a parallel line of equal offset to the original channel, we intersect the point where the SP turned upwards
Again, not an expert by any means, and probably using all the wrong words when describing my observations, but I'd say I'm correct in my original conclusion that we won't see above the 4.4c resistance unless a solid announcement is made
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