1) Price has crept back up into the Ascending Triangle
2) $20.00 still a major resistance as this has been an area of strong resistance/support dating back 5 years
3) Note the divergence on the MACD
4) Ascending triangles mainly resolve to the upside, but we shall see.
2) $20.00 still a major resistance as this has been an area of strong resistance/support dating back 5 years
3) Note the divergence on the MACD
4) Ascending triangles mainly resolve to the upside, but we shall see.