@share_time well the positive divergence played out well with...

@share_time well the positive divergence played out well with down trend now broken. Predicting where the share price might go is fraud with danger , however I can give a couple pointers to lookout for. Firstly we have hit an old support zone which is now a resistance zone at the 43 cents level. There is overhang volume to negotiate as shown below. The CCI indicator (which is a leading indicator) shows on the daily timeframe an overbought condition similar to that occuring in early April. IMO we could get one more day of share price appreciation but as a rule of thumb if a share closes 3 consecutive days outside BB one can expect a reversal. I expect in the short term the price will retrace to early/ mid thirties to establish a higher low before another uptrend develops to take on stale holders in the high lighted zone with price aiming to take out 54 cents top of high lighted zone. GLTA