Today’s price action is significant, as shown in the hourly...

Today’s price action is significant, as shown in the hourly chart below.

We have essentially been in a trading range of 1.9c to 2.2c since that big break of 1.9c resistance a week or so ago. Today has poked its head above the trading range and, so far, retested for support on declining volume (bullish).

If 2.2c holds (ie. no further price action into 2.1c or below – next step is to break through the previous spike high at 2.5c.