YBR 0.00% 8.9¢ yellow brick road holdings limited

bearish descending triangle

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    YBR is nearing the apex of a descending triangle. Expect to see a test of the upper line @ 59c./60c. The pattern would be negated if there are sales @ 62c. and should see a resumption of it's upward trend.
    However,if it fails to move above the upper line and falls below 52c. over the next 3 trading days then expect a breach of support @ 50.5c. and a test of 45.5c., which is also the 200 day EMA.
 
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Currently unlisted public company.

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