I imagine a LOT of people understand charts better than me, so...

I imagine a LOT of people understand charts better than me, so please feel free to give it a whirl..

In the mean time..

Here we can see people have been getting set for a bit..
We closed right on resistance imo, perfect close for mine.

The stochastics are showing there is a fair way to go in the short and medium term (long term is fundamentals not charts imo and fundamentals will get them there).


Second chart zooms out a bit and shows the potential via charts...
You will note that todays volume is not 'high' volume.. that will come.

Whilst it could be argued that 50c could be resistance (it will be coz of the round number) I don't see it as a major line. We hit it at exactly the time the market fell to bits.. it did not trade there long enough imo.

Hence, if we can close tomorrow above 16.5c-17c we should comfortably trade between 16c and 24c for the next 10 days or so (higher being better of course.. lol)... and that would be perfect timing for releases...
- UK asset.. we should go thru 24c
- Italy.. stay thru 24c
- KN1 size.. huge potential for blue sky..

Big party... lol

So I will again say I am not strong on charts and would invite others ho are to post and help us out... but imho.. ducks are lining up.