"...open to different interpretations". (absolutely,, - who knows? - and who knows what the cartels and Indian (?) buyers are up to let alone the banks and their cohorts)
After watching (perhaps a little too closely !) for some time it still looks to me like plenty of buyer interest at 27.00 - 27.50 at present, as mentioned a week or two ago. Seems there are folks in the market think it's a pretty reasonable price to accumulate.
It could easily have a support line included at about "X" , $ 26-27 (PM's are never that exact)
Or drag along that channel line forever,,, but PM's generally don't work the same as normal share prices (apart from breakouts) . too many variables.
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(20min delay)