To add to that their are clear lines drawn on the sand. This is wat I call closing lines on the sand over a period of 6 months...... on the upper side of the spectrum is 130c, 120c and 115c. Time and again we noticed SP struggled to close above these lines while battling those resistances respectively.
Now the lines on the lower end of the spectrum, first one clearly broken by which we were thrown out of ascending triangle that is 105c now the shorterm trend has changed the closing level lines of importance are 96c, 85c and 82c. We will see where this shorterm (hopefully shorterm) down trend go to and settles and forms a base again.
Dyor Aimo SS
IMU Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
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