NZC ta chart, page-89

Ignore my messy scribblings below. If we look left on the chart we see that $NZC is actually sitting on a strong support zone having cleared the majority of volume. There is some overhang we are working through now - the bar circled and in theory we cleared the close of that bar yesterday. Convincing volume above 1M and preferably 1.5M would blast $NZC up quickly towards the next test at 40c and fresh 12 month highs.