Any chartist commentary on SP action? Looks to me like the recent surge from 7c has been sustained better than I originally thought, albeit weakly with not a lot of depth behind 10c. If 10c fails again that's a tweezer top pattern and there's not enough of an establish support trend to call out an appropriate support line yet or am I wrong there?
Sell side is starting to get stacked again (as with last fail on 10c break) particularly between 10-12 (anything above that sort of irrelevant right now).
Would appreciate any insight from those who know their TA
-No, I'm not trying to down ramp
-No, I'm not saying 4CE is under or overvalued - I'm purely observing TA/Price action and trying to learn from it
-Yes, I am gauging the appropriate re-entry I life my sentiment from somewhere in the 7s back to somewhere in the 8s given the strength of the bounce back from 8 on the last failed 10c break.
4CE Price at posting:
10.5¢ Sentiment: Hold Disclosure: Not Held
